Portsmouth FC in yet more trouble - administration again?

[midds]

If PFC have taken the piss and now owe the taxman £37m and are not in a position to pay then they deserve to be liquidised.

 

I know it's harsh but that's the way of the world, HMRC need to make an example out of someone to ensure the 91 other clubs don't take the piss and if it's Portsmouth that bite the bullet then tough shit. They should have paid what they owed while they were clawing in millions on the back of their FA Cup win. Like I said, rough with the smooth.

[Ronaldo]

MKSC:

 

Pompey is different than all of those clubs.

 

Pompey is actually relevant.

 

Not to sound like Crumpy but, South of London there are only two real teams: Soton and Pompey. The rest are just WC England fans and watchers of the egg chaser game.

 

Lovely comments there about a club like Plymouth, who showed us a massive amount of decency and respect in April.

[James]

MKSC:

 

Pompey is different than all of those clubs.

 

Pompey is actually relevant.

 

Not to sound like Crumpy but, South of London there are only two real teams: Soton and Pompey. The rest are just WC England fans and watchers of the egg chaser game.

 

Lovely comments there about a club like Plymouth, who showed us a massive amount of decency and respect in April.

 

Or Exeter City, highest placed fan owned club in the English football pyramid.

[Exiled in Texas]

MKSC:

 

Pompey is different than all of those clubs.

 

Pompey is actually relevant.

 

Not to sound like Crumpy but, South of London there are only two real teams: Soton and Pompey. The rest are just WC England fans and watchers of the egg chaser game.

 

Lovely comments there about a club like Plymouth, who showed us a massive amount of decency and respect in April.

 

Plymouth is more west of London than south.

[Guest Heneage]

How many clubs have actually gone out of business (ie ceased to exist) because of debts etc? Newcastle Bluestar IIRC, but who else?

 

Always seems to come to nothing.

Fiorentina.

[Ronaldo]

It's south of London.

[Stifler]

lets not bring Plymouth into this. What they did for us at the end of the season was out of this world considering what happend to their club at the same time.

[MKSC]

MKSC:

 

Pompey is different than all of those clubs.

 

Pompey is actually relevant.

 

Not to sound like Crumpy but, South of London there are only two real teams: Soton and Pompey. The rest are just WC England fans and watchers of the egg chaser game.

 

Lovely comments there about a club like Plymouth, who showed us a massive amount of decency and respect in April.

 

Plymouth is more west of London than south.

 

It's south of London.

 

Considerably further south than Portsmouth.

[Ronaldo]

lets not bring Plymouth into this. What they did for us at the end of the season was out of this world considering what happend to their club at the same time.

 

That's my point, dickweed.

[James]

If PFC have taken the piss and now owe the taxman £37m and are not in a position to pay then they deserve to be liquidised.

 

I know it's harsh but that's the way of the world, HMRC need to make an example out of someone to ensure the 91 other clubs don't take the piss and if it's Portsmouth that bite the bullet then tough shit. They should have paid what they owed while they were clawing in millions on the back of their FA Cup win. Like I said, rough with the smooth.

 

The people who took the piss should go to jail. Those that are left deserve their football club.

 

Truth is that Portsmouth are a private company who can generate future tax payments to be pumped into the economy. Liquidate the club and you lose £37m plus all future tax revenues. Dont liquidate the club and get a bit back from the CVA, and get future tax revenues from a stable football club.

[Exiled in Texas]

I love the argument.....it's not fair on the fans....blah blah blah

 

What's not fair is that the rest of the country has to make up the tax shortfall because these twunts decided to try and cheat the tax man and not pay what they owe.

 

Sure it's only about 75p per person in the UK.....but imagine if there was some guy in the street collecting money to pay Pompeys tax bill.  Would you give a quid?  Or 5 quid if you've wife/kids etc. Now see if you care about their fans.

 

Let them go bankrupt.....they wouldn't help me if the tax man came after me.

 

We all have to exercise fiscal responsibility in our personal lives....when not them.

 

Long term prison sentences for the guilty directors/chairmen would be a more appropriate and fair course of action.

 

I would prefer both.

 

Portsmouth will rise again in some form or other. Like any other company who goes bankrupt they can form a new company (slight name change/slight ownership change) and then try to re-establish their business.

 

In the end the Portsmouth FC fans will get behind AFC Portsmouth (or whatever they get called). Might be a few places down the league but they'll be back in some guise.

[midds]

If PFC have taken the piss and now owe the taxman £37m and are not in a position to pay then they deserve to be liquidised.

 

I know it's harsh but that's the way of the world, HMRC need to make an example out of someone to ensure the 91 other clubs don't take the piss and if it's Portsmouth that bite the bullet then tough shit. They should have paid what they owed while they were clawing in millions on the back of their FA Cup win. Like I said, rough with the smooth.

 

The people who took the piss should go to jail. Those that are left deserve their football club.

 

Truth is that Portsmouth are a private company who can generate future tax payments to be pumped into the economy. Liquidate the club and you lose £37m plus all future tax revenues. Dont liquidate the club and get a bit back from the CVA, and get future tax revenues from a stable football club.

 

Liquidate the club and every single club in the country pays every penny it owes on the dot, year in year out.

 

Don't liquidate them and others will take the piss and HMRC might lose a hell of a lot more than that over the next 20 years or so. There will always be a club in Portsmouth so they can always tax the new club too.

 

Make them start from scratch.

[Guest gggg]

They should be liquidated for using the "poor us, think of the consequences" emotional blackmail when they've been cheating and breaking the law for the last 5 years! Pure bollocks to get the club in the hands of Chanrai, if they fail all that will happen is they won't get a CVA and will have a 15 point deduction.

 

Even if they do go tough shit, other clubs like Wimbledon and Chester have had to start at the bottom through asset stripping not Star players they couldnt afford and FA Cup wins, yet most people ignored what was happening to them. And I've never actually seen any Portsmouth fans admit they were cheating and it was wrong, everyone connected with the club is still trying to get away with it all and saying how hard done to they are.

[Exiled in Texas]

Liquidate the club and you lose £37m plus all future tax revenues. Dont liquidate the club and get a bit back from the CVA, and get future tax revenues from a stable football club.

 

On the other hand....

 

you could look at is as loose £37m plus all future tax revenues from PFC, but safeguard £600m {made up figure} plus all future tax revenues from the rest of the league.  Or take the smaller hit financially but look at the bigger picture longer term.

 

[T27 - not picking on you directly - we just seem to the ones in the thread at the moment]

 

I'm just not a big fan of protecting PFC because they are a football club or because they are "too big to fail" to quote a term from the recent banking turmoil.

[James]

If PFC have taken the piss and now owe the taxman £37m and are not in a position to pay then they deserve to be liquidised.

 

I know it's harsh but that's the way of the world, HMRC need to make an example out of someone to ensure the 91 other clubs don't take the piss and if it's Portsmouth that bite the bullet then tough shit. They should have paid what they owed while they were clawing in millions on the back of their FA Cup win. Like I said, rough with the smooth.

 

The people who took the piss should go to jail. Those that are left deserve their football club.

 

Truth is that Portsmouth are a private company who can generate future tax payments to be pumped into the economy. Liquidate the club and you lose £37m plus all future tax revenues. Dont liquidate the club and get a bit back from the CVA, and get future tax revenues from a stable football club.

 

Liquidate the club and every single club in the country pays every penny it owes on the dot, year in year out.

 

Don't liquidate them and others will take the piss and HMRC might lose a hell of a lot more than that over the next 20 years or so. There will always be a club in Portsmouth so they can always tax the new club too.

 

Make them start from scratch.

 

I think the fear of prison for football club directors that don't pay the taxman is most likely to stop clubs offending. Obviously this requires new government legislation, but should be brought into place.

 

Not liquidating Portsmouth will generate significantly more tax revenue than a non-league Portsmouth.

[midds]

If PFC have taken the piss and now owe the taxman £37m and are not in a position to pay then they deserve to be liquidised.

 

I know it's harsh but that's the way of the world, HMRC need to make an example out of someone to ensure the 91 other clubs don't take the piss and if it's Portsmouth that bite the bullet then tough shit. They should have paid what they owed while they were clawing in millions on the back of their FA Cup win. Like I said, rough with the smooth.

 

The people who took the piss should go to jail. Those that are left deserve their football club.

 

Truth is that Portsmouth are a private company who can generate future tax payments to be pumped into the economy. Liquidate the club and you lose £37m plus all future tax revenues. Dont liquidate the club and get a bit back from the CVA, and get future tax revenues from a stable football club.

 

Liquidate the club and every single club in the country pays every penny it owes on the dot, year in year out.

 

Don't liquidate them and others will take the piss and HMRC might lose a hell of a lot more than that over the next 20 years or so. There will always be a club in Portsmouth so they can always tax the new club too.

 

Make them start from scratch.

 

I think the fear of prison for football club directors that don't pay the taxman is most likely to stop clubs offending. Obviously this requires new government legislation, but should be brought into place.

 

Not liquidating Portsmouth will generate significantly more tax revenue than a non-league Portsmouth.

 

Tough shit.

 

Each month the taxman takes a chunk out of my wages without me having a choice. As does my National Insurance and my pension. Once they've gone my bills get paid and I've got a certain amount to live on.

 

Portsmouth decided that they'd not pay their bills and invest the saved money in the squad and their wage bill. They achieved a fair amount of success with this enhanced squad and made quite a bit of extra money on the back of their FA Cup win and the European place it brought. They've lived beyond their means and have done so whilst deciding not to pay the essential bills that most other people and companies manage to. They deserve no sympathy and should be wiped out and made to start again.

 

It's not the fans' fault but tough shit. Get behind the new club created in Portsmoth or go and support Southampton.

[wormy]

Liquidate. It's a massive shame, but it has to happen. Everyone's arguing about the fans, what about when normal companies go out of business, people associated with that when it wasn't their fault, are they considered before deciding to liquidate? Because it's a business, and it hasn't been run properly. That's the consequences. As much as we fans hate it, football is now business. It has to happen.

[Village Idiot]

How many clubs have actually gone out of business (ie ceased to exist) because of debts etc? Newcastle Bluestar IIRC, but who else?

 

Always seems to come to nothing.

Fiorentina.

 

Several in Spain... from the top of my head CD Málaga, Burgos, Marbella, Granada 74... most of them refounded in some guise (Málaga CF even managed to eventually win back top flight status). CD Logroñés seems as good as dead too.

 

Pretty sure quite a few less known clubs in Segunda B and below have gone under too.

 

 

 

[Incognito]

Liquidise Redknapp the crooked twat.

[Guest Heneage]

How many clubs have actually gone out of business (ie ceased to exist) because of debts etc? Newcastle Bluestar IIRC, but who else?

 

Always seems to come to nothing.

Fiorentina.

 

Several in Spain... from the top of my head CD Málaga, Burgos, Marbella, Granada 74... most of them refounded in some guise (Málaga CF even managed to eventually win back top flight status). CD Logroñés seems as good as dead too.

 

Pretty sure quite a few less known clubs in Segunda B and below have gone under too.

 

 

 

Yeah I'm sure Fiorentina started at the bottom of the professional league, which is like Serie D.

[madras]

How many clubs have actually gone out of business (ie ceased to exist) because of debts etc? Newcastle Bluestar IIRC, but who else?

 

Always seems to come to nothing.

Fiorentina.

 

Several in Spain... from the top of my head CD Málaga, Burgos, Marbella, Granada 74... most of them refounded in some guise (Málaga CF even managed to eventually win back top flight status). CD Logroñés seems as good as dead too.

 

Pretty sure quite a few less known clubs in Segunda B and below have gone under too.

 

 

 

Yeah I'm sure Fiorentina started at the bottom of the professional league, which is like Serie D.

mouscron in the belgian top flight and haarlem in the dutch second tier bit the dust last season.

[Guest antz1uk]

How many clubs have actually gone out of business (ie ceased to exist) because of debts etc? Newcastle Bluestar IIRC, but who else?

How many clubs have actually gone out of business (ie ceased to exist) because of debts etc? Newcastle Bluestar IIRC, but who else?

 

Always seems to come to nothing.

Fiorentina.

 

Several in Spain... from the top of my head CD Málaga, Burgos, Marbella, Granada 74... most of them refounded in some guise (Málaga CF even managed to eventually win back top flight status). CD Logroñés seems as good as dead too.

 

Pretty sure quite a few less known clubs in Segunda B and below have gone under too.

 

 

 

Yeah I'm sure Fiorentina started one from the bottom, which would be C2.

Always seems to come to nothing.

Fiorentina.

 

Several in Spain... from the top of my head CD Málaga, Burgos, Marbella, Granada 74... most of them refounded in some guise (Málaga CF even managed to eventually win back top flight status). CD Logroñés seems as good as dead too.

 

Pretty sure quite a few less known clubs in Segunda B and below have gone under too.

 

 

 

Yeah I'm sure Fiorentina started at the bottom of the professional league, which is like Serie D.

 

 

I think they reformed and were allowed straight into serie b or possibly c

 

edit: The club was promptly re-established in August 2002 as Associazione Calcio Fiorentina e Florentia Viola with shoe and leather entrepreneur Diego Della Valle as new owner, and was admitted into Serie C2, the fourth tier of Italian football. The only player to remain at the club in its new incarnation was Angelo Di Livio, whose commitment to club's cause further endeared him to the fans. Helped by Di Livio and 30-goal striker Christian Riganò, the club won its Serie C2 group with considerable ease, which would normally have led to a promotion to Serie C1. However, due to the bizarre Caso Catania (Catania Case) the club skipped Serie C1 and was admitted into Serie B, something that was only made possible by the Italian Football Federation's decision to resolve the Catania situation by increasing the number of teams in Serie B from 20 to 24 and promoting Fiorentina for "sports merits"[5]. In the 2003 off-season, the club also bought back the right to use the Fiorentina name and the famous shirt design, and re-incorporated itself as ACF Fiorentina.

[Guest Heneage]

After some quick research, it would appear they were allowed to start in C2.

[JH]

Tis a bit of a shame - mainly because Harry fucking fuck face is going to get away with it all, sitting on his throne and laughing as a football club disappears forever.

 

What a cunt - hopefully someone liquidises him. Or sets him on fire.

[Southerner]

MKSC:

 

Pompey is different than all of those clubs.

 

Pompey is actually relevant.

 

Not to sound like Crumpy but, South of London there are only two real teams: Soton and Pompey. The rest are just WC England fans and watchers of the egg chaser game.

 

Really? I've not noticed that in the quarter of a century i've lived here. I think you're talking total shite mate. Out of the say 50 people i regularly speak to at the pub i'd say 10 have season tickets to pompey, 5 to southhampton and 5 to big 4 teams. That's a pretty good average for an island off the south coast. I'm not going to say Newcastle Is worse because it isn't, it's ferverous up there but to say south of england no-one likes football because there are so few big sides is not the case.