Seems to me that there are a few at that club that dont like to take responsibility for their own actions
- the owners, who have responsibility to ensure the club is ran as a going concern
- the likes of Chanrai who helped create the original mess but safeguarded all their own money
- the manager who bleats and whines about how hard done by he is and no one helps him
- the players, highly paid but havent set the world alight in performances
- some of the fans who blame the PFA etc for not helping out when it is the club that have messed up
My respect goes to their fans who shell every week to support their team they deserve better leadership/owners and my sympathy goes to all the small businesses and organisations that acted in good faith and have yet again been shafted by Portsmouth FC
Its all tracable to that lovable rogue ,freespending,serial shipjumper,darling ARRY ,left a trail of devastation wherever he's been .Lookout Hotspur.
Like they guy on Sky Sports News from the fans group blaming the football league for allowing the owners and saying the club should not be deducted points for that reason. Hilarious.
Harry gets a lot of stick for this kind of thing but as a manager if your chairman is handing you money you spend it!Hmm. Don't think so. He is not in charge of the clubs finances. He is given a transfer budget and you take that in good faith. Obviously not a Redknapp fan are you, but can't blame the mismanagement over a number of years by various owners on one man.
does any of this make anyonerespect sisu at all i wonder?
i never really had a problem with sisu till this year,its one thing stabalising,its another going backwards
Portsmouth's chief executive David Lampitt has shed some light on the shocking scale of the debts as the battle to save the club goes on.
Pompey announced on Monday that they are entering administration for the second time in two years.
That decision was a direct consequence of the club's parent company, Convers Sports Initiatives (CSI), going into administration late last year.
Lampitt told Sky Sports News: "The company was put into administration in November and that has starved the club of one of its key revenue streams and led to the position we are in.
"There are a few different classes of debt. There is the secured debt from former owner Balram Chainrai of £17million.
"There is the debt to CSI, the most recent owners of the club, of about £10million.
"And there is the CVA (company voluntary arrangement) of the old company that we estimate at £16million.
"There is also a bit of trade debt including the debt to HMRC which has precipitated the current situation."
The debts are believed to total just short of £50million, which is considerably less than the nine-figure sum owed last time Portsmouth went into administration in 2010.
When questioned whether the current situation was more manageable, Lampitt was circumspect.
"The secured debt was part of that previous figure and the CVA debt was arising from that situation," he added.
"But there's still a significant level of unsecured debt in the club."
Portsmouth are no more guilty of reaching to high than we were, the only difference is we actually had some sellable assets and a dodgy hedge fund
Portsmouth are no more guilty of reaching to high than we were, the only difference is we actually had some sellable assets and a dodgy hedge fund
Post 27 on that article seems to be massively missing the point Astute, and the rest of us, are making.
The Imposter
CCFC.......so you just thought it a good idea to log onto the Portsmouth News website to harangue the supporters of the club. If you have a problem with the club I humbly suggest you e-mail any of the crooks that have taken our great club once again to the precipice of liquidation. We could do no more about it than you could. ........Now do one.
Have the league said when they will be deducting the points?
I am on a 12 hour nightshift soon. Can use my phone all night. Could be fun.
Keep it up Mark, need a little backup
Not to me :laugh: You get idiots at all clubs. We have our own. Will be tracking down all portsmouth fansites tonight. Getting paid to have fun isn't that bad
Not to me :laugh: You get idiots at all clubs. We have our own. Will be tracking down all portsmouth fansites tonight. Getting paid to have fun isn't that bad
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