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I think you're right there BSB. I could accept the FL had advanced Pompey their summer months payments in order for them to complete this season's fixtures (pay the leccy bills etc), but if they then start loaning players in with that money, I might start thinking about striking down upon...

According to Birch's interview this evening, that's correct. The original non-football creditors who agreed 20p in the £1 first time round will now get 20% of their 20p, so 4p of their original debt! One thing I've no idea of is if that could mean a further points penalty. Luton and Leeds...

Even if they do somehow blag the parachute payments owed without being sued, it doesn't look like they'll see much of it - Mr Birch added: ‘The parachute payments are through to 2014. Pompey is due about £14m. The problem is that we have football creditors. Old football creditors and ones...

I know, bless them. It might ruin their careers in the Evostik League Southern - Division One South & West League...

(I see there's another thread about this, but this one seems more appropriate) It gets even worse for Pompey. This guy was their only hope according to their message boards - http://www.portsmouth.co.uk/sport/pompey/pompey-past/howe_pulls_out_of_pompey_deal_1_3580739?commentspage=0 This...

Not sure if this has been posted elsewhere - http://www.bbc.co.uk/sport/0/football/17197269 And they seem pleased with that... :facepalm: Doesn't include sales of Young and Downing, but still...jeeez! Last year their aim was "to reduce their wage bill after revealing losses of £37.6m for...

Yes, BSB you're right, I should have been clearer. Chainrai is (supposedly) owed £17m and is the secured creditor, but since CSI went into admin in Nov no-one has been funding Pompey, so they must've known admin was inevitable since then. and we thought the ownership of Cov was murky!

Absolutely, and I imagine this has been Appleton's policy for a month or two. Similar to SISU, Chainrai stopped putting money in a while back, so they must've have known administration was coming. Methinks we'll see a FL (maybe PL too) rule change or two over the summer regarding admin as...

This is the best I can do OSB...I emailed the Football League earlier in the week and this is what they came back with - "Clubs are only permitted to sell players within the transfer window period and can only loan players out within the loan window period. Any football club that is in...

I'd expect the players to do their best for the club. IMO that doesn't involve drinking, smoking and eating cr@p. When I've worked with a hangover, I made mistakes and risked my job. The penny dropped, so I don't drink on school nights any more. This might sound sanctimonious but Sheff...

In the end, it's the hope that kills you.

Any business can spent money, it's as much the fault of the lenders for letting them. The Financial Fair Play Rules should in theory stop this. To continue the analogy, Pompey are basically Greece, minus the riots...

We've also been pretty good at throwing points away - Season - Team - Final Position - Pld - Drawn when winning - Lost when winning - Pts thrown away... 01/02 - Coventry City (11) 46 3 3 15 02/03 - Coventry City (20) 46 4 3 17 03/04 - Coventry City (12) 46 4 1 11 04/05 - Coventry City (19)...

If my saddo stats are correct, which was - 17-Jan-09 H Blackpool W 2-1 (0-1) Beuzelin 47; Mifsud 51 So, in the last 3 season tickets worth of home games, if we went behind, you might as well have headed straight to the pub, cos you weren’t...

As long as you've got a creditor prepared to put up the money, you can buy/pay anyone. Convers Sports Initiatives have gone into admin, so won't be putting any more money in. Chainrai owns Portpin Ltd, who are the secured creditor, who are owed x, maybe around £20m and it doesn't look like...

I don't think they're a better proposition than us at all, in fact I fear they could be the biggest club to go yet... Aside from - "BBC South understands that any purchaser would need to provide £12m as proof of funds, and assurances they could meet another £20m in repayments to former...

too much too young...

The legality of the 'football creditors rule' is currently being challenged by HMRC and I think clubs are assuming they'll win, hence the Financial Fair Play rules... What makes Portsmouth a bit different this time is that HRMC are a little peed off are losing last time and also that the other...

Don't forget Pompey may well be deduced 10 points...

No, don't mind at all! If a shared memory can shake off the apparent acceptance of our fate and stir up some forgotten passion for our club, then that's gotta be a good thing.