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Mee

Portsmouth looking to be liquidated

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Posted

This could be the beginning of the end for the lower clubs.

Its ok for the Man City,Chelski fans and players and supporters BUT this is the way REAL football and clubs are heading.

We can all have a laugh at Pompey but it aint really funny as it could be us i a few years the way football is heading.

Posted

Rewind eight years and their fans were being unbearable, fucking ignorant morons, and that's not the minority, either.

Everyone knew that the way Portsmouth were spending in the Premier League the bubble would burst eventually, and, while I'm not celebrating their demise, far from it, I'm not going to deny I couldn't give a flying fuck about their club on the whole after the way they acted not too long ago. Pretty much any other club, I could sympathise with, I just find this very, very ironic now.

Excuse me if that makes me the devil incarnate in your opinion, but my memory doesn't appear to be as short as yours.

But do two wrongs make a right?

Does the fact that a lot of their fans were being utter cunts justify us basically pissing on their club's grave? I say no to both.

It could come back to bite us on the arse. What if the Thais get bored and pull out leaving us in a shitload of debt? Not just us either, what about QPR? Man City? All hopelessly reliant on a few rich men using their club as a plaything. It's not just about Portsmouth and Leicester City, it's about the whole game being built on ropey foundations.

Guest Basildon Fox
Posted

I would imagine he had due diligence done on Pompey or whatever the administrator would allow, found out the true level of the debt and gave it a wide berth. I read somewhere that they have 3 players taking 52k a week out of the club, one of them I guess is Utaka, and I reckon Kanu would be on top money.

Kanu was re-signed on a free earlier this season. Doubt he is on that much as they had to get special dispensation to pay the wages wanted by Kitson and Lawrence when they signed from Stoke earlier in the season.

Posted

Ironic that Mr Rooney signs a 5 year multi million deal the same day as Portsmouth hit the buffers, football has gone mad, rollercoaster for their fans, cup final one minute, possible liquidation the next.

If only Portsmouth FC had Rooney's agent! Disgusting that players can hold clubs to ransom to 'earn' more money. I truly hope that something saves the club. Nobody deserves to see their club go out of business. Good luck to them I say.

Posted

But do two wrongs make a right?

Does the fact that a lot of their fans were being utter cunts justify us basically pissing on their club's grave? I say no to both.

It could come back to bite us on the arse. What if the Thais get bored and pull out leaving us in a shitload of debt? Not just us either, what about QPR? Man City? All hopelessly reliant on a few rich men using their club as a plaything. It's not just about Portsmouth and Leicester City, it's about the whole game being built on ropey foundations.

I'm not 'pissing on their grave' by any means, but my heart hardly bleeds all things considered.

I do agree that football (especially in this country) is heading the wrong way, but surely Portsmouth is a very, very special case of a club being run horrifically badly off the field?

Posted

Pompey fans weren't complaining when their expensive, extremely well paid players were winning the cup. When they were beating teams that lived within their means they weren't worrying about the state of football.No fans at any clubs have ever demanded that the board should spend less money.

I don't take any pleasure in the demise of Portsmouth (which we all know won't happen anyway) but they're only suffering the consequences of their actions.

Posted

Pompey fans weren't complaining when their expensive, extremely well paid players were winning the cup. When they were beating teams that lived within their means they weren't worrying about the state of football.No fans at any clubs have ever demanded that the board should spend less money.

I don't take any pleasure in the demise of Portsmouth (which we all know won't happen anyway) but they're only suffering the consequences of their actions.

No teams fans would ever say spend less money.

We all want success and we want it now.

Look at us lot,we aint complaining about getting Waggy,Vassell, etc..

Look at the big Boys..MAnC...You think there fans give a flying fcuk about Pompey or how much money Toure is on a week??

They are living in the Premier Dream World....until one day.....BANG!!!!!

Posted

I'm not 'pissing on their grave' by any means, but my heart hardly bleeds all things considered.

I do agree that football (especially in this country) is heading the wrong way, but surely Portsmouth is a very, very special case of a club being run horrifically badly off the field?

I'm not sure it is that special a case.

Look at the sainted Man United, more debt than the entire Bundesliga combined thanks to the Glazers. All it would take is for them to fail to finish in the top four one season, lose one season of CL football and they're fucked. Liverpool were recently incredibly close to administration thanks to dodgy owners, Man City would be in shit street if the Arabs pulled out because of the club's utter dependency on them and there are numerous similar examples. Half the Premier League is run with the same gung-ho approach to debt as Pompey and could go tits up at any time.

That's the point, this weekend it looks likely to be Pompey and I would be inclined to understand those who couldn't care less about them going bankrupt if they were the only ones, but it could be any number of clubs next. And I daresay that if we weren't challenging Pompey for the title at the time our financial plight in 2002 would probably have passed them by.

Not that excuses their behaviour because I do remember it, and a load of them were right horrible cunts, but it's not that different to people thinking of the fact that our goal difference is about to get five goals better. You don't necessarily think about all the decent fans that are going to be affected by this, the local businesses that depend on them and the work that football clubs do in their community. This is going to hit the city of Portsmouth as a whole hard.

Posted

You don't necessarily think about all the decent fans that are going to be affected by this, the local businesses that depend on them and the work that football clubs do in their community. This is going to hit the city of Portsmouth as a whole hard.

What about the local businesses who'll be lucky to get 20p in the £ of what they're owed?

Posted

What about the local companies who'll be lucky to get 20p in the £ of what they're owed?

Of course there's that to consider.

But I was referring more to those businesses that rely on matchday trade. The kebab shops, the burger vans, the pubs. The schools where the club holds training sessions for kids, the charity work in the local community sponsored by the club. It's easy to underestimate what a massive part of a city a club is. I know first hand how massive our club is to Leicester with such projects having volunteered at the Walkers in my first year at uni.

Guest shearfox
Posted

What about the local businesses who'll be lucky to get 20p in the £ of what they're owed?

We hardly paid our debts when we were in admin, yet we kept some of our best players to get back in the prem. I would absolutely hate for such a great club like Portsmouth to go bankrupt.

Posted

To be fair they got themselves into this position. Spate a thought for all the businesses that went bust as they didn't pay their way. Very sad it is but it shows the greed in the game is killing it. Maybe they will do an aft wimbledon and come back. Personally I think mm will not let them go bust and they will stay in the league and probably finish above us!!! So long as we don't go down at their expense!!!!

Posted

Went last week ofcourse and their fans were excellent so would feel bad for those guys/girls ofcourse.

Shame to think that FA Cup winning side could be part of the Pompey downfall due to the money spent on wages etc.

Maybe something will be sorted out at the 11th hour like with Palace.

Posted

Why is this is the Leicester City Forum?

there is an identical thread in the general football and sport forum....

bah humbug! :D

Posted

All jokes aside, can Mandaric not actually go in and save them?

Did he not actually express some genuine desire to buy them out again?

This. I would be delighted if Milan went back and saved Pompey. People claiming to be fans who are talking about points benefit for City should be ashamed of yourselves. ****sake Pompey fans are just like the rest of us riding the rollercoaster hoping the owners don't fook it up too much and kill their club. They lost, could be us too in a few years. Have some respect for the generations of fans who grew up loving their club.

Any club unable to support itself should be taken over by the League and handed back ti the fans somehow. This shit sucks.

Posted

So "football heads the wrong way" and ten years down the line the entire sport ****s itself in the arse, all the rich boys leave and we all start from scratch. Would that be a bad thing?

Posted

We hardly paid our debts when we were in admin, yet we kept some of our best players to get back in the prem. I would absolutely hate for such a great club like Portsmouth to go bankrupt.

Totally agree, thing is, if they don't and we miss out on the playoffs by 4 goals...We won't be saying this! :P

Posted

Totally agree, thing is, if they don't and we miss out on the playoffs by 4 goals...We won't be saying this! :P

Not in my opinion, I don't want to see Portsmouth go bust.

I don't feel the slightest bit sorry for the owners, it was there decisions which have put Portsmouth where they are - if they now feel some pain, well it was there doing! I do feel sorry for the fans, they turn up every week and are proud of there club, if that goes where are you left? Supporting Southampton, be like if we folded and had to support forest - no thanks!

Wasn't so long ago we were in the same boat, I hope they too get rescued.

I do want the goal difference back either, we were beaten fair and square, I appreciate the league has rules for this but can't support the view that we should be happy as we will benefit if they go bust, not very sporting!

Posted

Fromn what I've heard on the radio this morning it seems like Gaydamak is justing looking to get as much as he can. I didn't realise that Pompey had debts of over £100m and this threat of closure is over debts of £2m owed to Gaydamak.

Disgraceful really.

Posted

Why is this is the Leicester City Forum?

there is an identical thread in the general football and sport forum....

bah humbug! :D

We need some new mods. :whistle:

Posted

This. I would be delighted if Milan went back and saved Pompey. People claiming to be fans who are talking about points benefit for City should be ashamed of yourselves. ****sake Pompey fans are just like the rest of us riding the rollercoaster hoping the owners don't fook it up too much and kill their club. They lost, could be us too in a few years. Have some respect for the generations of fans who grew up loving their club.

Any club unable to support itself should be taken over by the League and handed back ti the fans somehow. This shit sucks.

but it's been proven by several trusts taking over lower league clubs that the fans just don't have the money to run the club, driving it back into the hands of faceless business men and so the cycle begins again.

Before football as a whole can be saved from this, the fa need to start really buckling down on the finances, stopping clubs from over-streching themselves - but they won't - They'll be happy just to sit there as the sport goes down the drain, so long as they get their money.

We need, in fact every country needs, to adopt a system like the 50+1 in germany, if the investors aren't capable of actually buying the club they won't get the exposure and ego boost they crave - leaving the only ones investing as those who want whats best for the club.

Posted

What amazing supporter cohesion we have in this country. A club about to lose 100+ years of history, many fans about to lose a huge part of their lives and all we care about is chalking off a 6-1 defeat. Utter bollocks.

Agreed. I may have to kill the next person who mentions the 6-1 game and how it will be chalked off. I'm no big fan of portsmouth but I hope they come through this. Sooner or later a club will go bust and it could just as likely be us.

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