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Portsmouth

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Were too good to be taken over. All the poo clubs get taken over because 1. They don't cost much and 2. They require less funds to take the club to the next level.

We on the other hand are actually worth something and would need more funds put into the club to take the next step.
 

ForeverEverton said:
Taken over again, and there is no buyers, even for a club in that much Poo !!
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Laughing here, I bet you said the exact same thing when they were taken over a few months ago, didn't you?

Strange how you didn't come on here after all the press saying their players wern't getting paid saying "Just as well we didn't get took over by that lot"

You horror.

[Moved to World Football]
 
in the papers today it says that avram grant has been seen coming out of a brothel. apparently its right next to fratten park! :lol: i love the journalists 'kick em while their down' policy.
 
Good God, what a mess. So this new feller, Chinrai, has only stepped in to protect his own loans from going down the toilet? So how does he get past the 'fit and proper persons' test? I'd imagine that would involve proving long term commitment and stability from their takeover, whereas Chinrai wants to just sell up asap.

Do you have to be a Nazi war criminal before you fail to impress the Premier League's governors? :unsure:
 
davek said:
Good God, what a mess. So this new feller, Chinrai, has only stepped in to protect his own loans from going down the toilet? So how does he get past the 'fit and proper persons' test? I'd imagine that would involve proving long term commitment and stability from their takeover, whereas Chinrai wants to just sell up asap.

Do you have to be a Nazi war criminal before you fail to impress the Premier League's governors? :unsure:
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well thaksin has set a benchmark regarding despotism
 
the 'fit and proper' test does seem a bit of a joke, they only introduced it in 2004 and if anything the way clubs have been run since then has got worse. as long as you havn't taken a club into administration twice or committed fraud then you've passed!
 

Feel sorry for the clubs supporters. I bet they thought they were going to be the next to break the big 3 and rs stranglehold. 2 years is a long time in football but i bet it doesnt seem that long for the fans.
 
davek said:
Good God, what a mess. So this new feller, Chinrai, has only stepped in to protect his own loans from going down the toilet? So how does he get past the 'fit and proper persons' test? I'd imagine that would involve proving long term commitment and stability from their takeover, whereas Chinrai wants to just sell up asap.

Do you have to be a Nazi war criminal before you fail to impress the Premier League's governors? :unsure:
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Actually the loans that were taken out by al-Faraj were secured by putting the club up as collateral, Chinrai's company Portpin end up as owning Pompey because of al-Faraj's failure to make repayments.

Indeed, this may have been the point all along - al-Faraj had some very odd associates for a Saudi (Pini Zahavi, the repeatedly convicted fraudster Azougy, both of whom are associated with Chinrai as well), and he blatantly put no money of his own into the club, instead obtaining loans from Chinrai - which have led to Chinrai taking control of the club for nothing. One imagines Chinrai will hoover up the bulk of the parachute payments, then walk away and let the club collapse into administration with no way of paying back HMRC, Gaydamak (though he should be at the back of the queue anyway) and the rest of the creditors (though the al-Faraj loans will no doubt lead to Portpin being listed as a creditor as well).

And as horrible as this will be for them, this probably needs to happen - the FA has ignored it happening at smaller clubs (most notably Chester (run by the son of the only man ever to fail the fit and proper persons test) and Wrexham (whose chairman deliberately tried to run the club out of business so he could get control of the ground)), but they should find it much harder to ignore such widespread fraud taking place at a Premiership club (though they have managed it thus far).
 
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topblue said:
Feel sorry for the clubs supporters. I bet they thought they were going to be the next to break the big 3 and rs stranglehold. 2 years is a long time in football but i bet it doesnt seem that long for the fans.
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I've been on their forums, and given the choice, they have said they would still have opted for their moment of overspending-induced glory and subsequent dramatic downfall, rather than consistent mediocrity. So I don't feel sorry for them, they made their choice. Sad that it's come to this, but they gambled it all and lost out, and now they have to pay the man.
 
Columbia6 said:
I've been on their forums, and given the choice, they have said they would still have opted for their moment of overspending-induced glory and subsequent dramatic downfall, rather than consistent mediocrity. So I don't feel sorry for them, they made their choice. Sad that it's come to this, but they gambled it all and lost out, and now they have to pay the man.
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Kinda says it all really.

Good post mate. I concur.
 

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