Pompey Into Administration Friday

[whichschool]

http://www.skysports.com/story/0,19528,11095_5974400,00.html

I know nothing about what happen to a clubs debt should they go into administration but the above article says that theyll come out of administration in a healthy position presumably this means the debts will be wiped clear.

Whilst i think Pompey have good fans and have been messed about like no other of late, doesnt a 10 point deduction for a team that are guaranteed to go down seem like theyve got off scottfree for what is essentially cheating in the last 5-6 years.

[kennkate]

I doubt the TAX man will let them off. Maybe they can come to some agreement to pay that off. That is their only hope

As for the rest of their debt well who knows.

[sierra01]

I dont really understand what happens if they go into administration either, apart from the 10 point deduction. I can never understand the deduction though, ok it penalises the club but also the players. I suppose they are partly to blame anyway, demanding silly money and all that but even so, the points are a football thing and the debts are another matter.

Even though I only live 20 miles from Pompy I'm not a supporter but I still dont like whats happening to them. Only a miracle can save them now.

[salty]

I think most clubs are paying silly money. They all want success yesterday.

[alfieconn]

for what is essentially cheating in the last 5-6 years

Please explain this comment as i don't understand

[marshbags]

I dont really understand what happens if they go into administration either, apart from the 10 point deduction. I can never understand the deduction though, ok it penalises the club but also the players. I suppose they are partly to blame anyway, demanding silly money and all that but even so, the points are a football thing and the debts are another matter.

Even though I only live 20 miles from Pompy I'm not a supporter but I still dont like whats happening to them. Only a miracle can save them now.

Don,t forget the important supporters of many years and behind the scene staff and voluntary workers who will suffer, as they do every time something of this nature happens.

The players usually leave the club and the owners usually walk away and some eventually resurface in other roles of support.

When it comes down to reality the latter 2 as a rule couldn,t give a monkeys.

I name a certain De Canio as a classic example.

I also name members of my beloved S.Wednesday who fukced off when they got the team relagated from the PL and left the club in mega brown stuff.

Kissing the badge after scoring a goal as most of them do and loyalty ect.ect...........W.A.L.O. <deleted>

marshbags

[beano2274]

In reality the 10 point deduction should be given to them next season when they are in the Championship. They are already relegated in many peoples eyes. So giving them a 10 point deduction now is a waste and no punishment at all for them.

It will be a very sad day, my old man's team, but business is business these days

[sharecropper]

It's only if they go bankrupt that their game sare wiped and the teams they played lose their points from Pompey games. Is that correct? If they go into Administration they just lose the 10 points.

[Xangsamhua]

I dont really understand what happens if they go into administration either, apart from the 10 point deduction. I can never understand the deduction though, ok it penalises the club but also the players. I suppose they are partly to blame anyway, demanding silly money and all that but even so, the points are a football thing and the debts are another matter.

Even though I only live 20 miles from Pompy I'm not a supporter but I still dont like whats happening to them. Only a miracle can save them now.

Don,t forget the important supporters of many years and behind the scene staff and voluntary workers who will suffer, as they do every time something of this nature happens.

The players usually leave the club and the owners usually walk away and some eventually resurface in other roles of support.

marshbags

If a club goes into admin, then all their suppliers lose pretty much whatever was owed to them. So administration lets the club off the debt hook, but is a serious breach of faith for the community and all the businesses that will lose from it. That's why Ray Trew, new Notts chairman, says admin would have been the best business option (in the short term) for Notts County, but would give the club serious leper status in the Nottingham/Notts community. (At least that's how I understand it.)

[alfieconn]

for what is essentially cheating in the last 5-6 years

Please explain this comment as i don't understand

*** Boxing promoter and Leyton Orient Chairman - Barry Hearn - tells Dants and Ronnie that going into Administration is just plain cheating. ***

Obviously the inspiration for this Topic came from listening to the above and i thought it was all your own thinking .

Anyway Mr Hearn seems to think that any club buying and paying players that they can't afford is cheating so i'm not sure where that leaves most of the premiership .

[whichschool]

for what is essentially cheating in the last 5-6 years

Please explain this comment as i don't understand

Come on even a yid can work this out, this is about the time theyve been in the Premeir League spending mney they didnt have.

[carmine]

for what is essentially cheating in the last 5-6 years

Please explain this comment as i don't understand

Come on even a yid can work this out, this is about the time theyve been in the Premeir League spending mney they didnt have.

In that case you might aswell add most of the premiership to the list

[whichschool]

for what is essentially cheating in the last 5-6 years

Please explain this comment as i don't understand

*** Boxing promoter and Leyton Orient Chairman - Barry Hearn - tells Dants and Ronnie that going into Administration is just plain cheating. ***

Obviously the inspiration for this Topic came from listening to the above and i thought it was all your own thinking .

Anyway Mr Hearn seems to think that any club buying and paying players that they can't afford is cheating so i'm not sure where that leaves most of the premiership .

Whilst im more then happy to let people think, cook, clean and do everything for me can you tell me who are Dants and Ronnie? (ive tried googling it)

[whichschool]

for what is essentially cheating in the last 5-6 years

Please explain this comment as i don't understand

Come on even a yid can work this out, this is about the time theyve been in the Premeir League spending mney they didnt have.

In that case you might aswell add most of the premiership to the list

Agree to an extent, but so long as they can make the payments then they arent cheating ... 2 teams are a exception to this as someone else pays it for them.

[apetley]

Even tough a 'scummer' it is sad to see what has happened at Pompey even after being robbed in the cup tie a couple of weeks ago.

Happy though as it seems we'll have some more local derby games to look forward to in a couple of seasons time.

I was under the impression that if the 10 point deduction is 'awarded' when in the relegation zone it applies to the following season. Anyone know if that is true or not?

[whichschool]

http://www.dailymail.co.uk/sport/football/...outh-teams.html

Avram Grant has hinted he will make a farce of the Barclays Premier League survival race by fielding weakened teams for the rest of the season.

The Portsmouth manager is furious his team have been condemned to play Championship football next term after being deducted nine points for going into administration.

He will hold a crisis meeting with his players today in an attempt to discover how they want to approach their remaining nine league games, when they have nothing left to play for.

And in a threat to the integrity of the Premier League he has refused to rule out two stark possibilities.

He may field weakened teams, preferring to keep his best players fit for their April 10 FA Cup semi-final date against Fulham or Tottenham at Wembley.

And he may listen sympathetically to players like David James, Nadir Belhadj and Hassan Yebda if they say they do not want to risk getting injured before the World Cup.

Grant is in no mood to bow to any league dictat that he should field his strongest team in every game.

Grant said: ‘We don’t have a duty to the other Premier League teams. The Premier League has a duty to the other teams.

‘We have a duty to Portsmouth, and I have a duty to football.

‘We’ve tried everything in the last months to keep the spirit of football and what I think football is about and I don’t see any reason to do it when we haven’t got a target. Of course our target now is the semi-final.

How did this fraud get a visa for a job many Englishman are better qualified for?

[bkkjames]

http://www.dailymail.co.uk/sport/football/...outh-teams.html

Avram Grant has hinted he will make a farce of the Barclays Premier League survival race by fielding weakened teams for the rest of the season.

The Portsmouth manager is furious his team have been condemned to play Championship football next term after being deducted nine points for going into administration.

He will hold a crisis meeting with his players today in an attempt to discover how they want to approach their remaining nine league games, when they have nothing left to play for.

And in a threat to the integrity of the Premier League he has refused to rule out two stark possibilities.

He may field weakened teams, preferring to keep his best players fit for their April 10 FA Cup semi-final date against Fulham or Tottenham at Wembley.

And he may listen sympathetically to players like David James, Nadir Belhadj and Hassan Yebda if they say they do not want to risk getting injured before the World Cup.

Grant is in no mood to bow to any league dictat that he should field his strongest team in every game.

Grant said: ‘We don’t have a duty to the other Premier League teams. The Premier League has a duty to the other teams.

‘We have a duty to Portsmouth, and I have a duty to football.

‘We’ve tried everything in the last months to keep the spirit of football and what I think football is about and I don’t see any reason to do it when we haven’t got a target. Of course our target now is the semi-final.

How did this fraud get a visa for a job many Englishman are better qualified for?

I wouldn't worry about - for most of the year he has been fielding a weakened team.

[StevieH]

How did this fraud get a visa for a job many Englishman are better qualified for?

because he's a better manager than most englishmen are?

absolutely fair play to him, it's ridiculous timing from the league. i wouldn't blame grant one jot if he decided to pull the rug from under the league as they've decided to pull the rug from under portsmouth.

[whichschool]

I wouldn't worry about - for most of the year he has been fielding a weakened team.

Yes was a little drunk when i posted that and didnt quite manage to put the pieces to that puzzle together, will make note not to touch technology whilst drunk!

[mrbojangles]

How did this fraud get a visa for a job many Englishman are better qualified for?

because he's a better manager than most englishmen are?

absolutely fair play to him, it's ridiculous timing from the league. i wouldn't blame grant one jot if he decided to pull the rug from under the league as they've decided to pull the rug from under portsmouth.

I absolutey agree Stevie. It's just a shame it's come to this. And unlike that gobby <deleted> Mick McCarthy, Grant is giving the supporters the heads up in advance, so they know exactly what they are paying to watch.

[whichschool]

How did this fraud get a visa for a job many Englishman are better qualified for?

because he's a better manager than most englishmen are?

absolutely fair play to him, it's ridiculous timing from the league. i wouldn't blame grant one jot if he decided to pull the rug from under the league as they've decided to pull the rug from under portsmouth.

I absolutey agree Stevie. It's just a shame it's come to this. And unlike that gobby <deleted> Mick McCarthy, Grant is giving the supporters the heads up in advance, so they know exactly what they are paying to watch.

When he went to Pompey it was fairly obvious they could go into administration, and its also well known that if you do you get a 9 point penalty (a let off imho) and its also the rules that you have to play you strongest team.

If he doesnt like it he should show a bit of dignity and resign instead of being a money grabbing yid and go back to where he comes from.

[whichschool]

absolutely fair play to him, it's ridiculous timing from the league. i wouldn't blame grant one jot if he decided to pull the rug from under the league as they've decided to pull the rug from under portsmouth.

Portsmouth pulled the rug from under themselves no one else has, they should take responsibilty for their own actions and accept theyve be punished for cheating.

Where were all these Pompey fans complaining about spending money they never had in May 2008, surely someone could have read the clubs finances theyre all published.

[StevieH]

absolutely fair play to him, it's ridiculous timing from the league. i wouldn't blame grant one jot if he decided to pull the rug from under the league as they've decided to pull the rug from under portsmouth.

Portsmouth pulled the rug from under themselves no one else has, they should take responsibilty for their own actions and accept theyve be punished for cheating.

Where were all these Pompey fans complaining about spending money they never had in May 2008, surely someone could have read the clubs finances theyre all published.

the league could have waited until the end of the season to make the ruling though. that way the players and the manager keep playing fairly as if they've something to play for. if at the end of the season it's deemed a points deduction is fair then take the nine off them then and if that relegates them, fair enough.

most clubs in the top flight are cheating by the way.

[imola]

absolutely fair play to him, it's ridiculous timing from the league. i wouldn't blame grant one jot if he decided to pull the rug from under the league as they've decided to pull the rug from under portsmouth.

Portsmouth pulled the rug from under themselves no one else has, they should take responsibilty for their own actions and accept theyve be punished for cheating.

Where were all these Pompey fans complaining about spending money they never had in May 2008, surely someone could have read the clubs finances theyre all published.

you will be meaning when saggy chops was team manager , hes up in the dock heself shortly for

"cheating", bring back hanging , thats what i say, well for him anyway

[StevieH]

you will be meaning when saggy chops was team manager , hes up in the dock heself shortly for

"cheating", bring back hanging , thats what i say, well for him anyway

they could hang that fat crook using his own elastic jowls as a rope.

[elliss]

I think most clubs are paying silly money. They all want success yesterday.

also, MANU , are not not looking to good financially .

[carmine]

absolutely fair play to him, it's ridiculous timing from the league. i wouldn't blame grant one jot if he decided to pull the rug from under the league as they've decided to pull the rug from under portsmouth.

Portsmouth pulled the rug from under themselves no one else has, they should take responsibilty for their own actions and accept theyve be punished for cheating.

Where were all these Pompey fans complaining about spending money they never had in May 2008, surely someone could have read the clubs finances theyre all published.

you will be meaning when saggy chops was team manager , hes up in the dock heself shortly for

"cheating", bring back hanging , thats what i say, well for him anyway

The one who should be in the dock is the CEO who gave him the thumbs up to spend the dosh. Remember Leeds' problems, caused by Ridsdale, not O'Leary. (apart from that O'Leary is a tw3t)

[bkkjames]

I think most clubs are paying silly money. They all want success yesterday.

also, MANU , are not not looking to good financially .

somehow I don't think I will lose sleep over it - call it a hunch.

[whichschool]

absolutely fair play to him, it's ridiculous timing from the league. i wouldn't blame grant one jot if he decided to pull the rug from under the league as they've decided to pull the rug from under portsmouth.

Portsmouth pulled the rug from under themselves no one else has, they should take responsibilty for their own actions and accept theyve be punished for cheating.

Where were all these Pompey fans complaining about spending money they never had in May 2008, surely someone could have read the clubs finances theyre all published.

you will be meaning when saggy chops was team manager , hes up in the dock heself shortly for

"cheating", bring back hanging , thats what i say, well for him anyway

The one who should be in the dock is the CEO who gave him the thumbs up to spend the dosh. Remember Leeds' problems, caused by Ridsdale, not O'Leary. (apart from that O'Leary is a tw3t)

Yes Peter Storie is responsible aswell as the former owner Sacha Gaydamak, but there should be rules in place from now on where clubs have to pay their tax bills on time or face a small points deduction as this is the big one that could potentially put clubs out of business, but it wont happen itll be business as usual, the main man at the Premier League was on that BBC programme about football and finance talking like a politician, he seemed like another posh <deleted> on the football gravy train who knows the price of everything and the value of nothing.

[imola]

absolutely fair play to him, it's ridiculous timing from the league. i wouldn't blame grant one jot if he decided to pull the rug from under the league as they've decided to pull the rug from under portsmouth.

Portsmouth pulled the rug from under themselves no one else has, they should take responsibilty for their own actions and accept theyve be punished for cheating.

Where were all these Pompey fans complaining about spending money they never had in May 2008, surely someone could have read the clubs finances theyre all published.

you will be meaning when saggy chops was team manager , hes up in the dock heself shortly for

"cheating", bring back hanging , thats what i say, well for him anyway

The one who should be in the dock is the CEO who gave him the thumbs up to spend the dosh. Remember Leeds' problems, caused by Ridsdale, not O'Leary. (apart from that O'Leary is a tw3t)

youre gettin a tad confused there carmine, saggy is up for tax evasion,

a crime that saggy chops is responsible for entirely on his own,