Portsmouth fc

[M U R T Y]

Either that or the punishments for entering administration need to be reviewed - 10 point penalty is not enough of a deterrent to clubs to keep their house in order. Maybe if a "double relegation" was the result, clubs may not gamble so much

[Snowball]

Either that or the punishments for entering administration need to be reviewed - 10 point penalty is not enough of a deterrent to clubs to keep their house in order.

Maybe if a "double relegation" was the result, clubs may not gamble so much

As a minimum. Good idea. But a second administration is taking the piss IMO

[rhroyal]

"So basically the biggest issue now is the player contracts. If there was no Football Creditors rule these players could be sacked and we may have a chance. Come on then all you big earners, time to stand up and demonstrate what this club means to you. Rip up your contracts and move on."

Those would be the contracts put in place to attract players you couldn't afford to pay in the first place and, by the looks of it, the previous administrators knew they couldn't pay?

I presume the players will demonstrate exactly what the club means to them and maintain their contracts are paid in full.

More to the issue, this isn't a football rule. It's a rule that if a company is in trouble, employees have first rights. Happy for this to change in the case of football, but only if doesn't knock on to others such as when Woolworths went bankrupt.

[oldebiscuit]

Either that or the punishments for entering administration need to be reviewed - 10 point penalty is not enough of a deterrent to clubs to keep their house in order.

Maybe if a "double relegation" was the result, clubs may not gamble so much

As a minimum. Good idea. But a second administration is taking the piss IMO

They actually came within a whisker back in the mid seventies too. They never seem to learn, buying players that they were never ever going to be able to afford. They cheated to get promotion and cheated to win the FA cup too.

[M-U-R-T-Y]

Either that or the punishments for entering administration need to be reviewed - 10 point penalty is not enough of a deterrent to clubs to keep their house in order. Maybe if a "double relegation" was the result, clubs may not gamble so much

You have a shite username

[Ian Royal]

Birch is making it obvious just what a blatantly dodgy job Androniko did the first time round.

As if it wasn't crystal clear anyway.

[sheshnu]

Agreed. If portsmouth do stay afloat it should be these guys that oversee and find a suitable takeover. Its also imperative they have at least some long term input into the running of the club.

Another couple of jolly sensible posts from Finerain (where did it all go wrong?!)

Like most football fans though I've already decided that Portsmouth cheated their way to everything they 'won' (and they actually did) so like most football fans I wouldn't mind seeing the balance redressed by them going out of business.

They'll be back and in the meantime we'll play other teams, and what's more their fans will enjoy the revival - so anybody feeling 'sorry' for them is thinking very short-term.

Not a shit given.

[Dare to Dr£am]

Can't even be taken over by Bad Company now....

http://www.portsmouth.co.uk/sport/pompe ... _1_3580739

I particularly liked this bit:

‘There are just too many cumbersome and fiscally imprudent contracts signed that in our view would only further plunder the club all over again even if someone could buy it for zero pounds sterling since the loss carried forward is insurmountable.

And Birch said yesterday that anyone that buys the club will need to be prepared to put in a lot of money upfront as well.

[soggy biscuit]

10-15 years ago I would have cared more but AFC Wimbledon have shown that you can get back again fairly swiftly, and it looked like they had a good time along the way

[weybridgewanderer]

so will we have a game on Tuesday night?

[Barry the bird boggler]

so will we have a game on Tuesday night?

Yes.

[Barry the bird boggler]

http://hobnob.royals.org/forum/viewtopi ... =3&t=94689

or

http://hobnob.royals.org/forum/viewtopi ... 3&t=111817

[weybridgewanderer]

Rumours abound that pompie can;t afford to pay for their team bus.

As Reading is not so far, is the hope the players drive up independently and park in the HP car park?

[RoyalBlue]

It won't happen, how many clubs have been in administration over the past, say 10 years? And how many have been liquidated?

I've always said that in the past but I'm not so sure this time around. They really are deep in the shyte. Administrator was on the news this am saying that even if they survive this season, they are going to lose a frightening amount of money next season and he had serious doubts as to whether anyone would be prepared to take on that liability.

As has been said elsewhere, Portsmouth dropping out of the league and us benefiting at the expense of the West Ham cheats would be real Karma as both have cost RFC dear in the past through dubious practices.

Still feel sorry for their supporters though. As we know only too well, supporters have sod all influence over the way the club is being run. Furthermore, with the exception of perhaps Dirk , how many of our supporters would have been taking to the streets in protest had Madejski decided to splash the cash in an attempt to keep/get us to the big time?

[Wimb]

Rumours abound that pompie can;t afford to pay for their team bus.

As Reading is not so far, is the hope the players drive up independently and park in the HP car park?

Kitson might have to get a lift up

[melonhead]

heard the administrator saying they had probably two weeks before they go belly up , unless they can find a buyer, and no one is battering down his door to do that

[Dare to Dr£am]

Rumours abound that pompie can;t afford to pay for their team bus.

As Reading is not so far, is the hope the players drive up independently and park in the HP car park?

As long as they pay for the parking as we all have to!

[loyalroyal4life]

Reported debts of £100m, not sure how they are going to get out of this, nevertheless the fans will need a new team to support. Come join us come join us come join us over here!

[Z175]

It could be brinkmanship with creditors, and part of me cynically expects the FL to pull out all the stops to allow them to compete until 1 May, as the 60m promotion jackpot could lead to a legal mess. The QPR whitewash of last year shows that.

But there are going to be vested interests in their plight - Reading and Southampton dropped points there, Nottm Forest, Millwall, Bristol City, Coventry and Donny will all want only 2 relegation places, and likewise Scunny might avoid a second relegation, and Exeter, Yeovil etc will be looking for a liquidation to avoid a relegation battle, but the real difference will be right at the bottom: Northampton, Plymouth are looking to stay in the league along with Dagenham and Hereford trying to avoid a return to the conference. Of course West Ham United do control the FA (rightly so after 1966 ) so Brooking will be engineering what he can.

I think their main problem is fan apathy. You can only save your club once, this time I think the fans would happily go down the Wimbledon route. In that case I think they would be lucky to get any higher than the Evo Stik Division one South and West, so
Pompey fans travelling on Tuesday could be returning in September on route to Didcot, Thatcham or Hungerford's games v AFC Portsmouth. On the bright side their derbies v Gosport Borough and Poole would be great occasions...

A one town club of their size would probably manage 4 successive promotions straight back to league 2. Given its been 4 long, painful years in May since they won the FA Cup, I think they'll go down that route. Any investor would buy the trade and assets and not the legacy contracts to all the dodgy owners, especially now its clear theres no more parachute money. That means the Evo Stik in the short term.

For us royals, Just a question of when?

[PieEater]

A firm in administration is unlikely to get credit from any suppliers, it's cash up front or piss off. So they'd need a whip around to pay for the coach, they're lucky it's not a long journey.