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.....for permission to sell players outside the transfer window...Um... in a nutshell... NO..They simply cannot grant this as will open the floodgates...
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posted Feb 20, 2010
I hope Pompy go to the wall. If not we have in football what happened to the bankers. There has to be accountability and consequence for actions. Simple. If not no-one is to blame, fans on the whole shell out to save a club who did not cut their cloth accordingly (irrelevant on whose fault it is - manager/director/owner blah blah).Other clubs are suffering due to not doing what Portsmouth, Rangers and others have done and we see huge frustration amongst far ranging fan bases - the money in English football full stop (let alone the riches of the EPL) is extremely over the top and cannot sustain itself so lets start seeing the clubs who deserve it tumble like a pack of cards. This clean out will help football in Britain right itself but there has to be casualties. Portsmouth have had long enough to present a water-tight case and continually fail to do so.
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I hope Pompy go to the wall-----------------What a pointless statement. The fact is, people and not just footballers are employed by pompey and rely on them for their wages. You are shortsighted as well as an unpleasant human being.
Portsmouth Football Club did not run up debts of £140 million (the supposed £60 million it is in debt and the £80 million from transfers that has disappeared). At best the football club has run up a debt of £11.7 million to the taxman - all other trade debts have apparently been paid.What makes up this £60 million debt? Directors loans to the club: it is an accounting trick. When Gaydamak bought the club from Mandaric he transferred the purchase price as a debt to be settled against the club. Al Fahim and the Farajh brothers have done the same (as have Gillette and Hicks and the Glaziers): effectively saying that they bought the club so the club owes them the money they paid for it. It is like saying that because I bought a chocolate bar and it cost me a quid the chocolate bar owes me a quid.Sol Campbell makes me want to vomit and I look forward to Burnley and Hull finding themselves in the same boat.
Clearly not as short-sighted as the appalling 'businessmen' of Portsmouth. As I said - there has to casualties. It's not pleasant but if you think it's all about Portsmouth you are mistaken. There is a much bigger picture here that runs from Wick down to Plymouth and clubs like Portsmouth only compound the problem for other clubs. If we take away responsibility and more importantly consequence for actions we might as well stop winning and losing too. Clearly you are soft minded libral who cannot understand the situation. Do you really think I WANT people to lose their jobs? Stop mugging yourself off and begin to live in the real world.
Who will be next - Liverpool? I despair of the modern day free market - with hardly any regulation, everything on credit and short termism. Somehow football, along with many other things in our "society" has lost its values...
Heavens2Murgatroyd The fact is, people and not just footballers are employed by pompey and rely on them for their wages.-------------------------------------Did Peter Storrie and all the owners give a toss about them?No, they were after personal gains.Well, now they're paying the price.It's unfortunate that "innocent" people will suffer, but as I said before, Pompey going bust will be better for football in the long run if the PL, FA and clubs get their act together.
wonderful news that the authorities have seen Portsmouth's request as futile. now will someone please wipe this ill managed and debt ridden club out altogether as it serves no purpose in keeping them alive only to see them suffer.
How ironic. They are in this mess because they abused the transfer market, and so their solution for getting out of it is to abuse the transfer market some more!
posted Mar 1, 2010
comment by Krimnal (U14299147)posted Last WeekBellion-Wonderland, I suspect the reason they haven't entered administration is because it is a legal procedure and the likelyhood would be that administration would not be acceptable with clubs finances in the state they are, and liquidation would be the only option left open.I could be wrong, maybe they believe everything will work out fine and don't want to drop 9 points which would effectively relegate them.---------------------HI mate, it is almost right.The reason Portsmouth did not enter admisnitration before was that they were not too far off to escape from the bottom three (with their last win against Burnley, it would make even a better prospect). This means that for Chainrai ti would make more sense to get a buyer while the club not only was in the EPL but still had realistic chances to stay there (with a squad that is not great but coud at least have a real go).He only enter the club into administration on the 11th hour when it was clear that a buyer could not complete (shold a real one be in the run) before the hearing and because it was dead certain that Pompey would be aginst the wall should the hearing happen.He ended up facing the prospect that either he would sell (or maybe buy back as we are hearing) a Championship club with no deduction points (they will come clean on the Championship, remeber?) or nothign at all!!
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