Too Late for Licensing:Time to Pray at Pompey?

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13 Responses

  1. Jim says:

    The role of the administrator needs to be looked at. Andronikou has wasted the time he had to pass Portsmouth onto a viable owner, after opting that a crook was the best bidder last iime around.

    Add Brendan Guilfoyle and his £300 per hour go-slow strategy that he employed at Luton, Palace and Plymouth into the mix and there is an emerging industry of parasites that make a tidy living out of football clubs in difficulty.

  2. mrzippy says:

    Portsmouth have signed players on silly wages again like last time they cheated there way to the premier league and the FA cup, all paid for by the tax payer and local business and even charities, all this well under a CVA witch they have not started to pay back or even the creditors £2500 and under have not been paid as promised .
    if portsmouth had stopped doing this paid some of there creditors off and was not singing players on £20000 + a week then i might feel a bit sorry for them , but no it was down the them to have players on wages that high not the tax payer

  3. whistler says:

    I suspect the club don’t want their accounts unfrozen as there is nothing in them..

    AA didn’t realise any of CSI’s assets as there weren’t any there either, whether Pompey or otherwie.

    As to player sales, why leave it to the last minute when you are in a weak bargaining position. Sales should have happened, I dunno, two years ago.

  4. Elliott says:

    I know I will come off as a dumb American, but a winding up order is like bankruptcy, right? I feel lots of pain for Portsmouth supporters, but lots of US teams have gone through bankruptcy and come out all the better. However, in the US, we have a death/liquidation bankruptcy and then we have a reorganization/discharge debt bankruptcy. Is a winding up order like the first or the second?

    Once again, so sad for Portsmouth.

    -Ignorant Yank

  5. Portsea Islander says:

    This article shows some of the reasons why so many fans do not intend to ‘Pack the Park’.
    A new beginning is clearly needed and until that happens many feel their money continues to go to waste.
    The loyalty of Pompey fans is admirable but a lot of them supporters feel alienated from their club.
    A classic case of deciding whether our hard earned money supports the club or props up a disfunctional regime.

  6. Dinksy says:

    A bit of clarity from SJ through the dense fog of confusion. I swear Tinker, Tailor, Soldier Spy was easier to understand that the goings on behind the doors at the end of Frogmore Road. Looks to me like Chainrai is sitting pretty. To make him sit up and take notice we need to make him squirm. Banners with his name on them in a demo that will draw in the national press might do it. But it has to be a GOOD demo. By good, I mean one that will catch the attention of the media. I”m afraid we in danger of Crying wolf over the next wind-up petition as far as publicity is concerned – regardless of being raised at Prime Minister’s QT, Pompey’s woes are becoming a bit of yawn in press circles. If you want some advice on this front, look no further than the doors of St Paul’s Cathedral.
    The demands must be specific and targeted. There is nothing more useless than a protest for the sake of it. WE ARE UNHAPPY! WE DON’T KNOW WHAT TO DO ABOUT IT BUT SOMEONE DO SOMETHING! Er….PLEASE! Chainrai needs to tell Andronikou to drop the financial demands to a level realistic with the present economic climate and what PFC is worth. THAT might attract genuine interest. Rentamouth MPs like Hancock need to do more than send a begging letter to Number 10. He needs to speak Chainrai’s name in the Commons. He can say anythiing he likes about the guy because he is protected by Parliamentary priviledge. I promise that would be something Chainrai wouldn’t ignore. Without Chainrai lowering his demands, AA is never going to sell Pompey. After looking at the books just over a year ago, Mandaric said only a madman would buy the club. He seemed genuinely horrified at the state of the books. We can only imagine! Of course, such a move will come too late on the present timetable so we need to deal with the winding-up petition and administration might buy us enough time.
    It is a long shot but might work.
    In the meantime we need to start the ball rolling with Plan B. To start season 2012/13 the groundwork needs to be in place by the end of this season to lodge an application with the Football League.
    As Churchill once said: Action this day! The present situation with fan groups reminds me of that scene in Life of Brian where Graham Chapman is about to be crucified. When this is brought to the attention of the Judean People’s Front, John Cleese says: “Yes, we need to take action. Yes, this calls for a completely new amendment to help brother Brian, all those in favour….”

  7. SJMaskell says:

    @Elliot – A winding up order is like your second. The club could go into administration – like the first – before 20 Feb to protect itself but as it is already in the middle of paying off a CVA there are those that feel a court might not allow us to do that.

    @Dinksy – I very much agree with what you say. Any protest has to have a tight focus and it has to be this debenture. Anything else is pointless. See: http://www.fansonline.net/pompey-fans/article.php?id=404

    @Portsea Islander – This is what I am hearing from the Island PI. Which is why I think any persuasion of HMRC is misguided. Better to focus on the cause of the problem – not one of the symptoms.

    @MrZippy – !? I really think there is no longer any mileage in that sort of rhetoric. What has happened to Pompey is happening to football teams country-wide. You only have to read across this website to see that. Ask Leeds fans about profiteering owners and the damage they are doing to the game. This is not longer about my club/your club. This is about football.

  8. Foryoublue says:

    Surely to describe Chanrai’s involvement as an investment is overstating the case? As I understand it his reluctant ‘ownership’ was only brought about when the loan he made was defaulted on. His business acumen assured that he had the necessary security to guard against that happening and he has only ever activated that in the interest of protecting his loan amount in the same way as a house is most people’s collateral against their mortgage.
    I do agree that the brand is now so tainted and the business case for securing the current incarnation is so far beyond redemption that a phoenix club should be the credible option. I feel for all those left in the rubble that is what’s left of the old company..it’s no consolation to the bulders, charities, pie suppliers that Chanrai couldn’t realise his own debt…either!

  9. grogan52 says:

    so many people and so many different opinions. Most of which are based solely on a small bit of information and very few of which will be based on most of the information (i suspect noe are from an unbiased point of view of some sort.

    so for my tuppenece worth as a long standing dedicated fan………….this whole saga reminds me of people who i have advised (I work in Finance) with similar personal debt situations. The debt is never going to go away. The club has over spent and then economic influences have affected plans to rape PFC financially and here we find ourselves going around this merry-go-round of owner-spend-hmrc-administration and so-on.

    What inevitably happens in these cases are that bankruptcy is actioned and then low and behold the individual (in this case PFC) has a MASSIVE sigh of relief and wonders why the hell they didnt do it earlier. The writing is on the wall.

    I am now keen for that MASSIVE sigh of relief for PFC. I may be extreme in my views and I may not have all of the facts and understand the implications but from what I do have lets (for the right reasons) boycott FP and let HMRC do what they have to do. The quicker the rise of the Phoenix the better.

    We all support PFC regardless of what division/league we are in so lets take some action and ownership over our passion rather than letting money launderers and tax avoiding business men use the club as a vehicle to grow their profile and ego. It would give us 6months to sort the new club out and what a breath of fresh air we all ENERGISE the club with.

    Great work by the Supporters Trust now lets get behind the Pheonix and wacth PFC grow with the passion of the fans and the city agian. What a story and precendence this could be for other clubs and the whole world of football in general. The writing has been on the wall for many years and the snowball of stories similar to PFCs mis-management has amassed over the years.

    PUP(hoenix)

    ps – sorry for any spelling mistakes or gramatical errors. this was written with passion and I havent got time to re-read it to check it!

  10. NOBBY says:

    MRZIPPY YOU CLEARLY DONT KNOW WHAT YOUR TALKING ABOUT SO IT WOULD BE BETTER IF YOU KEPT YOUR OPINION TO YOURSELF pup

  11. Lesley says:

    Jim – as far as Brendan Gulfoyle is concerned he did a reasonable job at Palace – perhaps becahse Agilo who called him tied him down to a £500k fees cap – according to Brendan he spent a lot more than that sorting it out – Palace were sold as quickly as was feasible in a very difficult situation indeed.

    For Portsmouth AA may have wasted time with Cala but the unpalatable truth may be that he was the only game in town so he could either deal with him or do nothing – where he does come off badly was with the oeroptimistic statements about a deal being imminent – it isn’t. While I feel for Portsmouth there may be something to be said for letting clubs and owners realise you can’t just keep on bilking the revenue and carrying on paying football crediors but no one else. It would be tough but a phoenix club might be the best way forward – good luck whatever happens.

  12. Alan Jones says:

    AA hates Supporter’s Trust’s after we at Swindon went after him, and pointed out to the press every time he stepped out of line, especially when he was not doing what he was supposed to do, like this story :

    http://www.swindonadvertiser.co.uk/sport/1478034.Trust_demand_Andronikou_apology/

    And I wouldn’t be holding my breath for new investors/owners, as the only one’s AA had ever bought in were being investigated back in Portugal, by the football authorities !!

    Personally, I agree with Grogan52, Pompey are in such a mess, it’s now time for the Pheonix option, which we had in 2007 as a last resort. Luckily enough, unlike Pompey,the person who was owed the money at Swindon, was a fan for a number of years, gave up the club, whilst in Chainrai, Pompey has no history with him supporting the club, and really, just wants his money back, and doesn’t care how he gets it.

  13. Pay up Pompey says:

    There will be little sympathy for the Phoenix club if it doesn’t begin life in non-league football as happened with the likes of the reformed Newport County, Aldershot Town, Maidstone United and AFC Wimbledon.

    Why should it try and muscle it’s way in to League 2 or the Conference when these clubs didn’t ?

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