[Archived] Time Up Pompey?

[stuwilky]

It seems there is no official Prem penalty for going into admin

http://soccerlens.com/surely-its-a-wind-up/39950/

Not sure if that article is correct but it does confirm that in league terms there is cut off the penalty application of 6 weeks before the end of the season.

Rule 60.1 suggests that there is a specific rule. It just has never been used.

[longsiders1882]

Rule 60.1 suggests that there is a specific rule. It just has never been used.

Yes sorry everybody - looks liken there is a specific 9 point penalty that cna be applied so that blog is rubbish.

[G Somerset Rover]

Pompey taken over for a 4th time this season:

Pompey

A little more info:

More

[philipl]

From the second article-

Despite his involvement with Al Faraj, it is understood that Chainrai has little interest in owning or running a football club.

It is believed his main interest was financial – investing in the club so that the money could be paid back at a rate of interest.

From a commercial standpoint, lending el-Farajh £17m makes no sense whatsoever on the facts that are currently in the public domain....

[Radagast]

Doubt it Radagast- the numbers are too big. Pompey are going under for about 50 Gretnas.

Pompey will call in the Administrators which gives them creditor protection and the Administrators will see them through the remainder of the season.

That's certainly true, but then the Premier League is financially more like 5000 SPLs, give or take. I don't mean clearing debts or anything, just assisting with the (admittedly massive) operating costs for the next few months. Just thinking out loud though, you're probably right.

Just to make this new owner thing even more baffling, it seems like el-Farajh wanted to prevent this takeover. You'd think someone would know when enough was enough and accept a get-out when it comes along. It's obvious he will never make any money back from them now.

[modes98]

Looks like their stupidity will save them from administration but at least they are still for the drop.

[Shabani]

Looks like things could get a lot worse for Pompey because they are now effectively owned by a Creditor

The guy who has taken over the club wants his £17m back and has no interest in the long term apparently.

...and Avram Grant is named as the Prem boss who visited the brothel

[thenodrog]

...and Avram Grant is named as the Prem boss who visited the brothel

Well so what? Hardly matters does it? There will be a lot of people beside Avram Grant visiting brothels...... or there simply wouldn't be any would there?

[Neil Weaver]

Looks like things could get a lot worse for Pompey because they are now effectively owned by a Creditor

The guy who has taken over the club wants his £17m back and has no interest in the long term apparently.

Aye, and what I heard (which is probably just layman-speak for your comments!) is that unless he 'took over' he stood no chance of getting his 17m back! If there was ever an unwilling 'investor'.........

[T4E]

So a player can't play for 3 clubs in one season, yet a club in the supposed biggest League in the World can have 4 different (foreign) owners in the space of 5 months.

Football is a f**king joke.

[modes98]

Well I would think it will 5 owners by the end of the season. Shame they limit player movement but not club ownership.

[Amo]

Like I said, the FA should take some responsibility for their "Fit and Proper Persons" test that has allowed Portsmouth a series of penniless owners.

[Earlydoors]

...and Avram Grant is named as the Prem boss who visited the brothel

The guys got to make his money where he can!

[SIMON GARNERS 194]

Just what the hell is the facination with Pompey and so-called 'rich men'?....its a ruddy Circus down there and gets more ludicrous every week!

Pray to god our famous old club never falls into the hands of shysters of their ilk.

[deryck guyler's spoon]

Well so what?

It's illegal.

Hardly matters does it?

Possibly does to Grant's wife and kids.

[thenodrog]

It's illegal.

Possibly does to Grant's wife and kids.

Get over it.

[PAFELL]

It's illegal.

Maybe in the uk, but not in germany etc. Over there they have legal brothels.

Possibly does to Grant's wife and kids.

To his wife and kids. of course it matters.

[philipl]

James cuts parts out ofhis own contract so he can keep playing

Pompey couldn't afford to pick him soon so he has dropped the relevant part of his contract! Bad news for Robbo I suppose.

[thenodrog]

To his wife and kids. of course it matters.

Looking at a piccy of the lovely Mrs Grant I'd imagine when old Avram started making approaches she might well have given him a few quid out of he housekeeping budget to go and get himself sorted. Stranger things happen behind closed doors.

[deryck guyler's spoon]

Looking at a piccy of the lovely Mrs Grant I'd imagine when old Avram started making approaches she might well have given him a few quid out of he housekeeping budget to go and get himself sorted. Stranger things happen behind closed doors.

Apparently Mrs G is cool with it......and once drank her own wee live on Israeli telly.

[Paul]

The sooner Portsmouth go the bust the better, and should Liverpool and Utd follow suit so be it. These people are a joke and shouldn't be allowed near football clubs ever again.

[philipl]

There is now going to be a legal fight over the ownership of this pile of whatsit.

[Stuart]

Not looking good for Portsmouth...

...and the last one out might not have to turn out the lights!

Plus THREE own goals yesterday.

Incredible.

[American]

Read an interesting thing about administration - technically, the new owners out of administration don't have to honor season tickets and can make people buy new ones. Obviously no one would be daft enough to ###### off the customers by doing this, but interesting nonetheless.

[thenodrog]

Read an interesting thing about administration - technically, the new owners out of administration don't have to honor season tickets and can make people buy new ones. Obviously no one would be daft enough to ###### off the customers by doing this, but interesting nonetheless.

I'm sure the Glasers would have no qualms.