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Portsmouth FC given deadline!!!

Tue Jul 24, 2012 8:56 pm

http://www.bbc.co.uk/sport/0/football/18977953

sad news :cry:


Portsmouth faces August closure threat say administrators

Portsmouth Football Club is likely to have "no alternative" but to close on 10 August unless senior players agree to transfers or wage cuts.
Joint administrator Trevor Birch said: "The facts are straightforward, the players have to leave and conclude compromise settlements."
The club has seven senior players left on its books and is due to start its League One campaign on 18 August.
Portsmouth entered administration in February.
It was the second time in three seasons the club had been in administration and followed the issuing of a winding-up petition by HM Revenue and Customs the previous month, freezing the club's bank accounts.
Pompey's league record since winning the FA Cup in 2008
2008-09 - 14th in Premier League, 41 points
2009-10 - 20th in Premier League, 19 points (relegated) *
2010-11 - 16th in Championship, 58 points
2011-12 - 22nd in Championship, 40 points (relegated) *
* Following nine and 10-point deductions respectively

The Football League has docked Pompey 10 points and imposed financial restrictions - which include paying all football creditors in full, unless an alternative agreement is reached - and restrictions on playing budgets, future borrowing and loan repayments for the next five seasons.
Pompey Supporters' Trust and Portpin are both interested in buying the club.
But both offers are on condition the wage bill is reduced through player sales and compromise agreements.
Birch added: "Both interested parties have made it clear that they won't take on the club unless there is movement from the players.
"We will continue to do all we can to facilitate these deals but the club's future hinges on the willingness of certain players and their agents to sign up to compromise agreements that are affordable both in terms of the amount and timing of repayments.
"Unless we make significant progress on this front by 10 August then we are likely to have no option other than to close the club.
"We are making good progress with three or four players but despite many conversations and offers over the past few weeks, some players and agents still don't understand what's at stake here."
Birch has previously metioned the importance of reaching compromise deals over players but this is the first time a deadline date to escape liquidation has been set.
Professional Footballers' Association chief executive Gordon Taylor earlier told Sky Sports News that some players had been "unfairly intimidated", but admitted all parties had to agree to lose out if the club was to stay in business.
Striker Luke Varney has agreed a deal to join Championship side Leeds United on a two-year contract and is just waiting for paperwork to be completed.
Tal Ben Haim, Greg Halford, Erik Huseklepp, Dave Kitson, Liam Lawrence, David Norris and Kanu remain on the club's books.
Administrators have already told staff they face being made redundant.

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 8:57 pm

Really sad news, it's such a shame that there is so much money in football that this happens to a club.

Why don't people pay their bills ey!?

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 9:12 pm

JamesC wrote:Really sad news, it's such a shame that there is so much money in football that this happens to a club.

Why don't people pay their bills ey!?


I find it hard to feel sorry for the club when they could and should have made cut backs after they were recently in administration but instead continued to get players in on big wages.

Feel for the fans tho.

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 9:15 pm

erik huseklepp please malky! :ayatollah:

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 9:16 pm

2blue2handle wrote:
JamesC wrote:Really sad news, it's such a shame that there is so much money in football that this happens to a club.

Why don't people pay their bills ey!?


I find it hard to feel sorry for the club when they could and should have made cut backs after they were recently in administration but instead continued to get players in on big wages.

Feel for the fans tho.

Remind you of any other team 2 blue ?

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 9:18 pm

John Darwins Paddle wrote:
2blue2handle wrote:
JamesC wrote:Really sad news, it's such a shame that there is so much money in football that this happens to a club.

Why don't people pay their bills ey!?


I find it hard to feel sorry for the club when they could and should have made cut backs after they were recently in administration but instead continued to get players in on big wages.

Feel for the fans tho.

Remind you of any other team 2 blue ?


Not really?

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 9:20 pm

2blue2handle wrote:
John Darwins Paddle wrote:
2blue2handle wrote:
JamesC wrote:Really sad news, it's such a shame that there is so much money in football that this happens to a club.

Why don't people pay their bills ey!?


I find it hard to feel sorry for the club when they could and should have made cut backs after they were recently in administration but instead continued to get players in on big wages.

Feel for the fans tho.

Remind you of any other team 2 blue ?


Not really?

Reminds me of Carrdiff City. Nearly 80 Mill in debt. On about spending over 30K a week on bellers wages. Hell yeah its us all right.

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 9:22 pm

Not really, we have never been in administration once, nevermind twice in a couple of years.

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 9:29 pm

2blue2handle wrote:Not really, we have never been in administration once, nevermind twice in a couple of years.


What happens in the future has no bearing on what has happened in our past. If you think what has happened at Pompey cant happen here you are misguided or got your head stuck in the sand Fella

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 9:32 pm

John Darwins Paddle wrote:
2blue2handle wrote:Not really, we have never been in administration once, nevermind twice in a couple of years.


What happens in the future has no bearing on what has happened in our past. If you think what has happened at Pompey cant happen here you are misguided or got your head stuck in the sand Fella


It could obviously but hasn't.
The potential for us to go into administration is quite strong but twice? I'd be surprised, very surprised and if we did we would deserve to be wound up.

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 9:35 pm

2blue2handle wrote:
John Darwins Paddle wrote:
2blue2handle wrote:Not really, we have never been in administration once, nevermind twice in a couple of years.


What happens in the future has no bearing on what has happened in our past. If you think what has happened at Pompey cant happen here you are misguided or got your head stuck in the sand Fella


It could obviously but hasn't.
The potential for us to go into administration is quite strong but twice? I'd be surprised, very surprised and if we did we would deserve to be wound up.

I can see us in the future being wound up. Sorry but if VT calls in his loan to the Club we is finished. VT does not even like football. I fear for my Club and we are right up the shit, even with VTs money. The debt is now with him alone and that scares the hell out of me.

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 9:40 pm

John Darwins Paddle wrote:
2blue2handle wrote:
John Darwins Paddle wrote:
2blue2handle wrote:Not really, we have never been in administration once, nevermind twice in a couple of years.


What happens in the future has no bearing on what has happened in our past. If you think what has happened at Pompey cant happen here you are misguided or got your head stuck in the sand Fella


It could obviously but hasn't.
The potential for us to go into administration is quite strong but twice? I'd be surprised, very surprised and if we did we would deserve to be wound up.

I can see us in the future being wound up. Sorry but if VT calls in his loan to the Club we is finished. VT does not even like football. I fear for my Club and we are right up the shit, even with VTs money. The debt is now with him alone and that scares the hell out of me.


if he calls in his loan and we go bust and cant pay him, doubt he will do that he will get us to the prem get his money back and sell us imo just have to make the prem

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 9:43 pm

BluebirdJM wrote:
John Darwins Paddle wrote:
2blue2handle wrote:
John Darwins Paddle wrote:
2blue2handle wrote:Not really, we have never been in administration once, nevermind twice in a couple of years.


What happens in the future has no bearing on what has happened in our past. If you think what has happened at Pompey cant happen here you are misguided or got your head stuck in the sand Fella


It could obviously but hasn't.
The potential for us to go into administration is quite strong but twice? I'd be surprised, very surprised and if we did we would deserve to be wound up.

I can see us in the future being wound up. Sorry but if VT calls in his loan to the Club we is finished. VT does not even like football. I fear for my Club and we are right up the shit, even with VTs money. The debt is now with him alone and that scares the hell out of me.


if he calls in his loan and we go bust and cant pay him, doubt he will do that he will get us to the prem get his money back and sell us imo just have to make the prem


And if we dont ????????????????????????????

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 9:46 pm

John Darwins Paddle wrote:
2blue2handle wrote:
John Darwins Paddle wrote:
2blue2handle wrote:Not really, we have never been in administration once, nevermind twice in a couple of years.


What happens in the future has no bearing on what has happened in our past. If you think what has happened at Pompey cant happen here you are misguided or got your head stuck in the sand Fella


It could obviously but hasn't.
The potential for us to go into administration is quite strong but twice? I'd be surprised, very surprised and if we did we would deserve to be wound up.

I can see us in the future being wound up. Sorry but if VT calls in his loan to the Club we is finished. VT does not even like football. I fear for my Club and we are right up the shit, even with VTs money. The debt is now with him alone and that scares the hell out of me.


But twice?

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 9:51 pm

My cousin plays for Portsmouth - they're currently abroad on pre-season and they lost tonight to Brighton 5-1. He said Brighton were good and had some great players and will threaten this month in the Championship.

It's going to go to the wire in terms of their survival - hope it can be turned around!

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 10:00 pm

Would Husselkepp and Halford be good additions to our squad ?

Re: Portsmouth FC given deadline!!!

Tue Jul 24, 2012 11:24 pm

billy ronson wrote:Would Husselkepp and Halford be good additions to our squad ?


would love huseklepp!