Is Push Turning To Shove At Fratton Park?

Ian

Ian began writing Twohundredpercent in May 2006. He lives in Brighton. He has also written for, amongst others, Pitch Invasion, FC Business Magazine, The Score, When Saturday Comes, Stand Against Modern Football and The Football Supporter. Ian was the first winner of the Socrates Award For Not Being Dead Yet at the 2010 NOPA awards for football bloggers.

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19 Responses

  1. old wag says:

    calling all 2 bit business men… free money being given away….

    its for charity…and we will all pay ourselves £100k per anum for your trust..

    wind the club up – start again – using volunteers and build again pompey.

    its the same old chavs in cheap suits and free tickets on the ponce again….

    football is dead in the uk – like most industries RIP UK….

  2. SJMaskell says:

    I think what ‘Old Wag’ is saying is: Support the PST bid for the club.

    You can still pledge your support – details here: http://www.communitypompey.co.uk/

  3. old wag says:

    no he is not….

    why are they ‘accepting donations’ instead of allocating shares ?

    so ‘they’ can dissapear all the money and say ‘they’ saved the club….

    same old crooks running and ruining football

    ‘they’ will pay themselves ‘salaeies comensurate with ‘their’ market value’

    £100k part time will do for a start….

  4. hillstent says:

    SJM, i had no idea you were fluent in jibberish, thanks for translating ‘Old Wag’.

  5. SJMaskell says:

    Somewhat libellous that Old Wag. They are doing both. Taking donations and taking pledges for shares. Trusts are too tightly tied up financially to do what you suggest. (see here: http://www.pompeytrust.com/index.php?option=com_content&view=article&id=92&Itemid=89) as are CICs, which is the model the Trust plans to buy under.

    Trusts are run by volunteers, there will be no salaries paid to them.

    Think you need to read up a bit more.

  6. old wag says:

    same old ‘storie’

    i suppose the councils loan will become a donation in a few years time…..

    time to shut the club and start again at the bottom , like Chester and Darlington

    badly run clubs who had to cut out the cancer……

  7. old wag says:

    ”too tightly tied up financially”
    sjm

    thats why Pompey owe £ 150million and never pay anyone…

    they dont pay charities / local businesses / tax / police etc.

    3 admins in fifteen years – and the council still lends them money !

  8. Joe in Vancouver says:

    It seems SJMaskell was not so good at translating gibberish after all. I think the advice given to “Old Wag” is probably wasted. Let’s celebrate the light at the end of the Hong Kong tunnel anyway!

  9. 60 years pompey says:

    Old Wag is yet another of the financial expert leeches that have attached themselves to our club since our FL approved owners went bust. These experts go on and on about things without having the faintest idea what has been happening to us for the last 3 years. THey go on and on about charities not being payed when in fact the supporters collected funds and paid the charities back more than they were owed. THe football League have allowed us to be owned by someone who didn’t exist but still passed their fit and proper test.There are so many other things that have happened that you have no knowledge of unless you are a pompey fan. At the end of the day we did nothing different to all the other clubs with rich owners except ours lost all his money. If you are all sitting there gloating thinking we will be the last then hear what our administrator told us. There are 37 clubs in England who are on the brinn
    k, so the same problems could be coming to a club near you soon.

  10. mick says:

    And when they do, we’ll have to suck it up instead of telling everyone how badly done to we’ve been. I speak as a supporter of a club for whom admin is something “the Chairman would never let happen”, which means if events take the normal course following his proclaimations translates as “its inevitable”

  11. Nathan Jones says:

    “a bridging loan from Portsmouth City Council for £1.45m, which was approved last week.”

    That is a disgrace. That’s our money chasing their bad debts.

    Does every other League club get such a loan?

    They should pop down to Sandbanks and ask Redknapp for it.

  12. old wag says:

    the FL have decided not to deduct 10 points until they exit admin…..

    http://www.bbc.co.uk/sport/0/football/19286219

    the FL making rules up as they go along…

    a bit like pompey and paying their debts…

    and stealing honest suppliers money….

  13. Dermot O'Dreary says:

    If Portsmouth manage to get away without any points deduction, they should accept just how lucky they’ve been and show a bit of humility because I can’t for the life of me see why they shouldn’t be punished as severely if not more so than the likes of Luton, Bournemouth and Rotherham.

  14. SJMaskell says:

    Right – let’s dispel some myths shall we?

    1. The PCC bridging loan does not come out of council tax payers money. It will be borrowed by PCC at a low rate of interest and paid back by the Pompey Trust at a higher rate of interest. The council will actually MAKE money on the deal. The club already does a great deal for the community of Portsmouth through its Sports and Education arm. It will do even more if run by the Trust.

    2. This season’s -10 was applied because the 2012 CVA agreed under Portpin’s offer did not consult the unsecured creditors from the 2010 CVA that was not paid. That 2012 CVA offer no longer exists as Portpin have withdrawn. That means a new CVA will be put in place. Maybe, if it is from the Trust, it will be negotiated properly and the penalty will not be needed.

    We don’t make the rules at Pompey, the FL do. Perhaps remarks regarding humility should be addressed to them as they approved the owners who put us where we are. But I do agree about the honest suppliers, perhaps you would like to address your remarks to our many long gone owners as well as Portpin on that one?

    As 60 years Pompey says – it is time for all football fans to realise that the weak regulation of the game has allowed this to happen. IT COULD HAPPEN TO ANY CLUB. Perhaps those it doesn’t happen to are better called the lucky ones.

  15. Joe in Vancouver says:

    Well done SJMaskell – that very well expressed reply seems to have subdued Dermot O’Dreary. It also gives us hope that maybe a well structured CVA offer from the Trust may mean that we don’t suffer a further points deduction. Maybe the FL should try deducting any points from Chainrai, CSI etc. ?

  16. mick says:

    Well all it’s done for me is ensured Fratton Park is crossed off the list of away games this season.

    Perhaps everyone else stunned at the lack of anything approaching contrition for serial cheating (oh, yes, it’s not your fault is it)and either taking your clubs players or beating your club to the signing of a player with the lure of big money payable only by washing away all other legal and moral obligations will do so too.

  17. notacheat says:

    I can’t believe this is the third time… They should be chucked out of the league.
    Thy are a basket case. The Conference wouldn’t take them.
    Chuck them in Southern League, although if I supported a club in that league I wouldn’t want them.

    Let’s hope the fans, and only the fans take over but if it it happens again they should lose all sympathy.

    They lost mine after the second one.

  18. Nathan says:

    “The PCC bridging loan does not come out of council tax payers money. It will be borrowed by PCC at a low rate of interest and PAID BACK by the Pompey Trust at a higher rate of interest.”

    Forgive my cynicism but people respresenting Portsmouth’s miserable football team have promised to pay back things in the past and failed.

    “The council will actually MAKE money on the deal.”

    Do you have a crystal ball?

    I am all in favour of supporter-owned clubs (and help set-up and run one) but our national game is so broken that only the complete liquidation of more clubs like Portsmouth will make enough ignorant fans and administrators force through the obvious changes required to save the sport.

  1. August 17, 2012

    […] Is Push Turning To Shove At Fratton Park? […]

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