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Pompey

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Joined: 11:59 03 May 2007
Location: Liskeard, Cornwall
by Green Rhino
» 17:46 25 Feb 2010


Beeb Sport says this is going to happen tomorrow.

Sad for the supporters and for the people who won't now get paid what they are owed. But better to play within the rules of running a tight ship than buying fleeting success... If only the Beeb and others wouldn't keep showing Pompey as a victim - they have effectively been cheating.
Last edited by Green Rhino on 14:31 26 Feb 2010, edited 1 time in total.

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by oggyale
» 18:50 25 Feb 2010


Can someone elaborate on the winding up order being suspended?. Have Pompey basically got away with being closed down. :?
Criticism may not be agreeable, but it is necessary. It fulfils the same function as pain in the human body. It calls attention to an unhealthy state of things.

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by deanthegreenmachine
» 18:55 25 Feb 2010


oggyale wrote: Can someone elaborate on the winding up order being suspended?. Have Pompey basically got away with being closed down. :?


cant wind up a business in admin i believe, i think thats a basic rock and roll way of looking at it, im sure there are other implications, either way they will be a strong team in the ccc next year

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by Vicky Knowles
» 19:49 25 Feb 2010


So what is their punishment?

They were odds on favourite to be relegated anyway so a 9 points deduction is irrelevant.
It's not easy being green............

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by Greenskin
» 20:38 25 Feb 2010


Vicky Knowles wrote: So what is their punishment?

They were odds on favourite to be relegated anyway so a 9 points deduction is irrelevant.


Don't think the powers that be would look at it in that way.Odds on they may be to go down,but they've still got a chance-stranger things have happened,i suppose.The 9 point penalty makes it a stone cold certainty that they'll go down,the Premier league would argue that that would be the punishment.

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by oggyale
» 20:48 25 Feb 2010


Greenskin wrote:
Vicky Knowles wrote: So what is their punishment?

They were odds on favourite to be relegated anyway so a 9 points deduction is irrelevant.


Don't think the powers that be would look at it in that way.Odds on they may be to go down,but they've still got a chance-stranger things have happened,i suppose.The 9 point penalty makes it a stone cold certainty that they'll go down,the Premier league would argue that that would be the punishment.



They should be put straight into League 1,that would be a severe punishment.
Criticism may not be agreeable, but it is necessary. It fulfils the same function as pain in the human body. It calls attention to an unhealthy state of things.

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by Greenskin
» 21:18 25 Feb 2010


oggyale wrote:
Greenskin wrote:
Vicky Knowles wrote: So what is their punishment?

They were odds on favourite to be relegated anyway so a 9 points deduction is irrelevant.


Don't think the powers that be would look at it in that way.Odds on they may be to go down,but they've still got a chance-stranger things have happened,i suppose.The 9 point penalty makes it a stone cold certainty that they'll go down,the Premier league would argue that that would be the punishment.



They should be put straight into League 1,that would be a severe punishment.


What Barry Hearn suggested.Don't disagree with that,certainly an issue worth discussing for the future.But i suppose the PL can't just change the rules on the hoof,as it were,so nine points it must be at the moment.

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by Mike Charlick
» 22:17 25 Feb 2010


So presumably someone now comes in and buys the club on the cheap, sweeping up huge parachute payments for the 'reborn' club next season???
Never wrestle with a pig. You get dirty, and besides, the pig likes it.

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by Marlin
» 22:33 25 Feb 2010


Greenskin wrote:
oggyale wrote:
Greenskin wrote:
Vicky Knowles wrote: So what is their punishment?

They were odds on favourite to be relegated anyway so a 9 points deduction is irrelevant.


Don't think the powers that be would look at it in that way.Odds on they may be to go down,but they've still got a chance-stranger things have happened,i suppose.The 9 point penalty makes it a stone cold certainty that they'll go down,the Premier league would argue that that would be the punishment.



They should be put straight into League 1,that would be a severe punishment.


What Barry Hearn suggested.Don't disagree with that,certainly an issue worth discussing for the future.But i suppose the PL can't just change the rules on the hoof,as it were,so nine points it must be at the moment.


And as I put on another thred, I am pretty sure its what happens in countries like France where you have to show that you are not in debt or can last the whole season without going into debt. Seems right and proper to me.
It was quite a shocking fact which came out of UEFA today that the level of debt in the rpemier league is more than that of the rest of the top flight leagues in europe :shock:

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by Chris Dennis
» 23:06 25 Feb 2010


20004064 wrote: So presumably someone now comes in and buys the club on the cheap, sweeping up huge parachute payments for the 'reborn' club next season???


From what I can gather they are due £20M from the Prem for TV and parachute payments which will nearly all go to their No 1 creditor the current owner.

They will live to fight another day and those that will suffer will be the lesser creditors like HMRC (Sol Cambell is higher up the pecking order than them), the clubs that have lost out to a team that spent more than they had with no intention of ever paying it back.

Pompey won the FA Cup by paying wages well beyond their means and can now write off public money they owe from their unpaid taxes. It surprises me that a team that goes into admin whilst still in the FA Cup and makes money out of the competition knocking out teams that have played by the rules is allowed to continue in the competition like Palace were this year. What would people have said if they won it with players whose wages had been funded by public money they subsequently didn't pay back?

Will Pompey have HMRC on their shirts next year after all their 'sponsorship' this season?
Time flies like an arrow. Fruit flies like a banana.

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by Devonportender
» 08:02 26 Feb 2010


IMO they are cheating everyone else.

By going into Admin they stay in business. The administrators can't sell anyone off because of the transfer window, the clubs creditors get F-All in the pound for the huge debts the club ran up chasing the dream meaning some other local businesses may go to the wall.

Meanwhile, still in business pompy get relegated (probably would have happened anyway) and here's the kicker, they get given £13m in parachute payments to start again with another £13m the following year if they don't get promoted.

You gotta love football.
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by zzzzSmiffy
» 15:03 26 Feb 2010


I'm sorry for the genuine fans, even that tattooed loon with the rattle.

But at the end of the day......

a) They are Portsmouth
b) They overspent and must reap what they sowed
c) THEY ARE PORTSMOUTH

So......

Oh Happy day :D

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by andyr1963
» 18:23 26 Feb 2010


I think this is good news in that Pompey are only going into admin rather than going bust. At least this means they can complete their fixtures and get relegated in the proper manner. :grin:
If they had not completed their fixtures then my £10 bet that they would be relegated @ 7/1 would be null and void. Portsmouth getting relegated and earning me money, whats not to like. :grin:


Going down, going down, going down
Going down going down going down
going down going down GOING DOWN :grin: :grin: :grin:
Cmon you GREENS.
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