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[Archived] Other Pl Happenings 2009/10

philipl

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Tom World Cup

Tom

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Viera is making Keith Andrews look like Patrick bloody Viera tonight.

No but really, he's crap

I thought Burnley was 0-0 but apparently they're 2-0 down

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John World Cup

John

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He needs to get used to it, the porn king and his minions have always conducted their business in the media, that’s the nature of the beast.

I’d certainly give up football if they ever came anywhere near our club.

Gold & Sullivan seem to spouting off to the press every day or so. I am of the same view, don't think I could handle them anywhere near our club.

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philipl World Cup

philipl

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I totally agree, just think the scaremongering about it being money out of our pocket is stupid.

I don't know what to say!

Concepts of mutuality and common ownership are clearly beyond you.

Just accept that the 20 clubs ARE the Premier League which doesn't exist except as an association of 20 clubs. Saying the Premier League should help Pompey is the same as saying the other 19 clubs should help Pompey.

Rovers own one twentieth of the PL so if the PL loses £72m on helping Pompey, Rovers own one nineteenth of that loss. Apart from running its own office, the Premier League has no money of its own- it is simply a bank account which receives cash and doles it out; mostly to its 20 shareholders.

SO OF COURSE ANY CASH FOR POMPEY IS COMING OUT OF ROVERS' AND THE OTHER 18 CLUBS' POCKETS!

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philipl World Cup

philipl

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Why would the Premiership lose 72million on helping Pompey philip? They only have to keep them going to the end of the season and then they are no longer their concern...

I seriously doubt there needs to be 24million pound paid out monthly to get them to May...

They have £60m of debt, all of it overdue. Directors have a legal duty to treat all creditors equitably which means if a cash fairy godmother comes along, creditors will suddenly all be extending their palms. You simply cannot, outside of administration/insolvency, easily manage a creditors' settlement for less than all of the money owing especially as Pompey have failed to honour any number of previous payment schedules so have zero credibility, HMRC are in Court with a winding up order and there is a creditor like Lens from overseas who doesn't give a fig for any niceties now. Pompey cannot legally pay off Lens or the HMRC because they are screaming and doing nasty things and then refuse to pay another creditor in full and not expect to find themselves facing legal sanctions and possibly a day in Court especially if Pompey still fail. So I cannot see how anyone can keep Pompey going to mid May without a huge amount of cash to buy peace with that £60m of overdue claims bearing down on whatever is left of the Pompey business.

Chuck in about £12m for operating costs (wages are still £2m+ per month) to get them to the season end on 30 June when they hand back their share in the PL and that is where the £72m comes from.

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T4E World Cup

T4E

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I don't know what to say!

Concepts of mutuality and common ownership are clearly beyond you.

Just accept that the 20 clubs ARE the Premier League which doesn't exist except as an association of 20 clubs. Saying the Premier League should help Pompey is the same as saying the other 19 clubs should help Pompey.

Rovers own one twentieth of the PL so if the PL loses £72m on helping Pompey, Rovers own one nineteenth of that loss. Apart from running its own office, the Premier League has no money of its own- it is simply a bank account which receives cash and doles it out; mostly to its 20 shareholders.

SO OF COURSE ANY CASH FOR POMPEY IS COMING OUT OF ROVERS' AND THE OTHER 18 CLUBS' POCKETS!

What do Rovers get money wise out of the PL? TV money - a pre-determined contractual amount, right? Prize money by league position - also pre-defined. Anything else? Are you saying that these amounts would decrease? That's the only way it can have an actual affect on us.

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philipl World Cup

philipl

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Prize money and media moneys do change slightly each season within the three year media contracts dependent on the non-fixed elements of the PL's trading. Take £72m out and there is £72m less to spread about- simple as that.

Back to football, Sunderland had 2 sent off and suffered an injury time equaliser at Fratton so Rovers stay 12th tonight.

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