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Poor old Pompey.
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Will be enough players with no contracts at all right now who would take one at Pompey even if they might not get paid.
They might see it as better than signing on and Pompey is still a big name and high profile enough to get them another contract elsewhere.
If you were one of the players released by Charlton this summer it could be a route back to league football.0 -
Izale McClown was on trial there I saw....0
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Wise words Henry0
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I believe they just received a bill of £2m from the administrators too - hence the slashig of the budget0
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Il step in for a few games if the gimmie a call0
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Well I'm sure that this was mentioned on another thread. They are not cheap, Administrators. How can a business hope to move forward when they call in help because they can't pay their bills and then they are charged this much.Swisdom said:I believe they just received a bill of £2m from the administrators too - hence the slashig of the budget
It does beg the question as to why the Administrators were so determined to get the players off the books. If the club is liquidated and there are, literally, no assets left does the Administrator get his fees knocked too?
Maybe Chanrai is playing the bluffing game with the Administrators now to see if they will reduce their fees?0 -
How many more setbacks can they take?
Just hope Pompey Supporters Trust can get in and keep the club running!0 -
I think they did something similar about a year ago and it actually worked.kings hill addick said:
Well I'm sure that this was mentioned on another thread. They are not cheap, Administrators. How can a business hope to move forward when they call in help because they can't pay their bills and then they are charged this much.Swisdom said:I believe they just received a bill of £2m from the administrators too - hence the slashig of the budget
It does beg the question as to why the Administrators were so determined to get the players off the books. If the club is liquidated and there are, literally, no assets left does the Administrator get his fees knocked too?
Maybe Chanrai is playing the bluffing game with the Administrators now to see if they will reduce their fees?
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If they have a loan from the council for £1.45m and the Administrators want £2m then I suspect it is going to be difficult.AddickFC81 said:How many more setbacks can they take?
Just hope Pompey Supporters Trust can get in and keep the club running!0 -
big mess... still don't get how it went quite so wrong... they had an excellent squad, which they then sold for over 100 million pounds... but they were still owing monies even after that... appalling mismanagement ...0
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nowt to do with Harry of course ;-))0
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kings hill addick said:
If they have a loan from the council for £1.45m and the Administrators want £2m then I suspect it is going to be difficult.AddickFC81 said:How many more setbacks can they take?
Just hope Pompey Supporters Trust can get in and keep the club running!
Also have £1m in bank and £2m in pledges.
Would still be a struggle to keep afloat but right now I'd guess they'd settle for that.
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Glad you mentioned that. At the last Supporters trust I put up a few figures including last years wage bill for Viktoria Plzen. A team that reached the group stages of the Champions league, and took the game to Barcelona at the Nou Camp. £1.9m.....se9addick said:What a mad world where a budget of £1.5m means certain relegation from the third tier.
What that shows you fundamentally is that dross footballers are grossly overpaid in England because their salaries are all relative to those in the FAPL. Teams get relegated from the FAPL and the players on 3-4 year contracts still get the FAPL wages. So everyone else wants comparatively more. But the TV money of course does not trickle down in the same proportion. Hence potential meltdown, at Pompey or anywhere else, including us, and regardless of who is in charge.
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Where's Bexley Dan?
Dan, Pompey need you right now!0 -
According to some reports, Chanrai is owed £17m and his agenda is to get that back. If he hasn't got some sort of charge over the only realisable asset (the ground) I'd be shocked.
The idea that the administrator had £12m to pay off players is implausible. Any money used for that purpose can only have originated from the realisable assets of the soon to be deceased company.
For the Supporters Trust to be a White knight it needs a) someone who is owed money to take a large hit and b) an investor who is prepared to work with the ST. If Pompey does go and is reformed at an appropriate place on the pyramid I hope it will be under the stewardship of the ST but United of Manchester have that model and they are stuck in Blue Square leagues.
Sad to say, but the truth is that English football will never sort out it's finances until a club like Pompey has been wound up.0 -
He will probably be happy for the club to be wound uphen he can sell the ground for development and get his (or some of his) £17m back.0
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Fratton Park isnt the most inviting area, I wonder how much the ground is worth even if planning permission could be obtained to redevelop. I would imagine Chanrai is pretty much resigned to losing much of what is owed to him.
I cannot see anyone wanting or able to buy Pompey and their massive debts0 -
I feel sorry for their fans......Except for the twat in the hat!0
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Oh, go on, he's all right.church-lane said:I feel sorry for their fans......Except for the twat in the hat!
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In the current market how much would Fratton Park even be worth - putting aside planning permissions etc?kings hill addick said:He will probably be happy for the club to be wound uphen he can sell the ground for development and get his (or some of his) £17m back.
As others have said Fratton Park is in a run-down part of a run-down city in decline, would developers even be interested in buying it unless it was at a rock-bottom price?0 -
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Maybe not £17m but it has a value for development in excess of its value as a stadium - if you aren't a fan that is.0
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They've just signed 10 players on one month contracts, including Izale McLeod, Jon Harley & Brian Howard.
http://www.bbc.co.uk/sport/0/football/19284581
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There are players who'll be accustomed to big wages in that list. Here we go again?0
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Well that's the point isn't, they came out of one administration & immediately started signing players & paying ridiculous wages that they couldn't afford & here they are again, only further down the line.0
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Izale McLeod? Heard some Barnet fans near me in our recent friendly there slating him.0
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Lets get real. Administrators wont act unless they are pretty much guaranteed to be paid.
This is a sad situation for the Pompey fans. I remember how I felt when we were minutes from melt down.0
