 | News
Comment | Pearce Thought He Might Be On His Way
at 15:06:54
Frase1987 - PFC the club didn't want to sell him, the administrator of CSI (their parent company) wanted to sell him. Not the same thing at all. |
| News
Comment | Ward and Henderson Turn Down Town Move
at 19:15:44
WoodfordTim - those players will a) be protected by the football authorities as "football creditors" and b) will have their choice of club to join if Pompey is liquidated. |
| News
Comment | Pompey Keeper Henderson: I'm Not Moving
at 17:20:27
Hello there,
I'm afraid that the situation at Fratton Park isn't as simple as some have posted on here. There is a wider issue surrounding the ownership of the club which needs to be addressed. The best way of forcing that issue and creating the conditions for either a sale or for the main creditor (Chainrai) to put money into the club is to be staring at the winding up hearing on the 20th without any cash.
In that scenario, either Chainrai protects his asset by producing some capital or he sells to interested parties at a realistic price or he sees what is realisable after liquidation (not a lot).
There is real conflict between the club and the administrator of CSI (the parent company) as I'm led to believe. There's no point Town talking to the administrator of CSI because he isn't the person responsible for signing off deals.
And there is no point accepting any deal for players in PFC's position if it doesn't resolve the cashflow issue until the end of the season.
There are games within games being played here and we'll see what happens. |
| News
Comment | Portsmouth Turn Down Three Pearce Bids
at 17:17:09
Hello there,
I'm afraid that the situation at Fratton Park isn't as simple as some have posted on here. There is a wider issue surrounding the ownership of the club which needs to be addressed. The best way of forcing that issue and creating the conditions for either a sale or for the main creditor (Chainrai) to put money into the club is to be staring at the winding up hearing on the 20th without any cash.
In that scenario, either Chainrai protects his asset by producing some capital or he sells to interested parties at a realistic price or he sees what is realisable after liquidation (not a lot).
There is real conflict between the club and the administrator of CSI (the parent company) as I'm led to believe. There's no point Town talking to the administrator of CSI because he isn't the person responsible for signing off deals.
And there is no point accepting any deal for players in PFC's position if it doesn't resolve the cashflow issue until the end of the season.
There are games within games being played here and we'll see what happens. |
| | LiKW
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