The continuing demise of Portsmouth thread

Garybaldbee

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I am still bemused as to why they have lifted at the start their 10 point deduction and that Birch seems hopeful it will be lifted altogether, where's the fairness in that?

I'm sure that I'm missing something here, but if the points deduction is now only to be applied when they come out of administration what is to prevent Portsmouth playing through the whole season in admin and coinciding their emergence from it, whether this season or next, at a time when the penalty has least impact. For example, if they are mid table as the season draws to a close, or for that matter, already certain of relegation, they could choose to take their hit then, when it doesn't matter. Alternatively, if points are at a premium for them, could they effectively wait until next season to suffer the deduction? Does the FL cap the period in ehich a club is allowed to be in administration?
 

kevalutonbee

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I'm sure that I'm missing something here, but if the points deduction is now only to be applied when they come out of administration what is to prevent Portsmouth playing through the whole season in admin and coinciding their emergence from it, whether this season or next, at a time when the penalty has least impact. For example, if they are mid table as the season draws to a close, or for that matter, already certain of relegation, they could choose to take their hit then, when it doesn't matter. Alternatively, if points are at a premium for them, could they effectively wait until next season to suffer the deduction? Does the FL cap the period in ehich a club is allowed to be in administration?

Leeds and Boston both did something very similar, Boston doing it at half time in the last game of the season IIRC. The FL then brought a rule in about when the 10 points would be applied so that the sanction would not have little impact if cynically timed.

However the last few days seem to suggest that the FL have the ability to flout their own rules as and when they see fit
 

wanderer paul

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There's only a 12 month period allowed for a club to stay in administration. This ends in December/January IIRC so at some point this season, they will have 10 points deducted, it's just when....
 

Bill Benn

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See the never ending deadline has been given another 2weeks I make that 4 weeks on from the final deadline.if Portsmouth were a cat they would have a 10 live's
 

GP200

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.................still waiting for their first league win.............
 

RodBee

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See the never ending deadline has been given another 2weeks I make that 4 weeks on from the final deadline.if Portsmouth were a cat they would have a 10 live's

So when does the latest deadline expire?

I can't believe the League are allowing this fiasco to continue. Remember they cheated local traders and also stole the British Legion collection to put in their spending pot.
 

SmiffyBee

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So when does the latest deadline expire?

I can't believe the League are allowing this fiasco to continue. Remember they cheated local traders and also stole the British Legion collection to put in their spending pot.

Today isnt it ?
Or next Friday

To be honest I am confused about them and whether they are on 2 points or minus 8....

I fear they are going to be another example of a "re-formed club" wiping their debts and starting again, then climbing through the leagues, only to make the same mistakes again.
 

bees66

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Portsmouth have signed defender Lubomir Michalik on a one-month deal.. terrific player
 

Stanley

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And now signed akos buzsaky on a months loan

Not exactly scouring the lower leagues for out of contract bargains and loanees that their financial plight might suggest is all they could/ should afford?

Once they are out of admin it will be interetsing to see what sort of long term contracts they offer.
 

wanderer paul

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This has become a joke and should've been sorted out months ago. So if Chanrai doesn't accept the offer then it's off to court. How long will that take? I'm sure the FL have to apply the 10 point deduction by around Christmas. If they still don't come out of admin soon after, deduct another 10 points, its taken tok long. Bournemouth, Rotherham, Darlington and Luton never got this much time. How are they affording to pay wages etc? Just through gate monies? I bet the creditors are really chuffed......
 

wanderer paul

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They've not been deducted the original 10 points yet. It's not 'another 10 point deduction' but confirmation that 10 points will be deducted when the club comes out of admin.
 

Bill Benn

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They've not been deducted the original 10 points yet. It's not 'another 10 point deduction' but confirmation that 10 points will be deducted when the club comes out of admin.

Which is a big IF still after today's anouncement.Still a long way to go if the Trust hope to take over
 

bees66

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how many points have they had deducted since relegation from the premiership, not including this new lot?
 

wanderer paul

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9 premier. 10 championship.
 

Judio1999

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They will come out of Admin ONLY when they are 10 points clear of relegation

Port Vale did it last year !!!

The League should change the rules so the clubs REALLY get punished and dont pick a good time to get a points deduction
 

wanderer paul

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They need to demonstrate that they can run a financially viable football club first.

I think the Football League want a 4 year business plan and a viable playing budget. The people that have "pledged" their monies need to pay it up now otherwise the FL will turn down the takeover and possibly expel them from the FL.
 

absenteebee

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I don't get why this is news. They really shouldve had the points docked straight away. I hope they go down because I look at them and I see QPR c2015. :sorted:
 

markyst

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They will come out of Admin ONLY when they are 10 points clear of relegation

They are currently 1 point clear of relegation with nearly half the season gone so they'll do well to be 10 points clear of relegation at any stage.

The administrators charge up to £500 an hour so it's not as simple as delaying come out of admin until they're safe from relegation - the administrators' fees will be crippling already.
 

bees66

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I cannot see Portsmouth getting 60 odd points this season to stay up..
 

absenteebee

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I worked for a company which went into administration. There was an awful lot of irony in the wealth the administrators were making from the company's decline and subsequent death.
 

havantbee

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I worked for a company which went into administration. There was an awful lot of irony in the wealth the administrators were making from the company's decline and subsequent death.

As an Administrator, I can assure you that there is no opportunity to inflate fees at the expense of others. Every decision is scrutinised by regulators who ensure that the highest professional standards are applied. Undoubtedly, administration is an expensive procedure but it requires highly qualified and experienced people to make sure the job is done right. In the case of Portsmouth the Administrator appears to have done a great job and the club has been delivered into the hands ofits supporters.

Can't see what good another 10 point deuction does though.
 

wanderer paul

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Can't see what good another 10 point deuction does though.

They haven't been deducted the points from when they went into admin. They're lucky that the FL kept them in. They should have gone bust and started again in the southern league.
 

havantbee

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They haven't been deducted the points from when they went into admin. They're lucky that the FL kept them in. They should have gone bust and started again in the southern league.

I thought they were deducted 10 points in the championship when they went into administration. Presumably, it suits the FL to keep them in because the football creditors get paid in full. If they had gone bust football creditors would have got nothing.
 

hobbsy

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I thought they were deducted 10 points in the championship when they went into administration. Presumably, it suits the FL to keep them in because the football creditors get paid in full. If they had gone bust football creditors would have got nothing.

Wasn't that was the previous Administration, have they been out and then back in again or not agreeing a CVA maybe ???
 

havantbee

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That was the previous Administration, they've been out and then back in again - I think???

My understanding was theyvwere deducted 10 points in the premiership relegation season. They were then deducted another 10points last season on going into administration whilst in the championship.

http://www.goal.com/en-gb/news/2897/championship/2012/02/17/2912867/football-league-confirms-portsmouths-10-point-deduction

I think that they have agreed a CVA as the exit route from administration.
 

hobbsy

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My understanding was theyvwere deducted 10 points in the premiership relegation season. They were then deducted another 10points last season on going into administration whilst in the championship.

http://www.goal.com/en-gb/news/2897...eague-confirms-portsmouths-10-point-deduction

I think that they have agreed a CVA as the exit route from administration.

You may be right, from memory I think it was because they started the new season still in Administration.
 

wanderer paul

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My understanding was theyvwere deducted 10 points in the premiership relegation season. They were then deducted another 10points last season on going into administration whilst in the championship.

http://www.goal.com/en-gb/news/2897...eague-confirms-portsmouths-10-point-deduction

I think that they have agreed a CVA as the exit route from administration.

They were deducted 9 points in the Prem. 10 points in the Championship. The club failed a CVA and did not pay a penny to the creditors from the previous admin. the FL therefore deducted another 10 points as they failed to agree another CVA in time for the season. The 10 points are on hold until the club and owners sort out all the crap that they're in. It looks bad as the supporters group need to have all the monies pledged to hand and an agreement re the ground from Chainrai plus a budget/plan for the next 4 years. They're stuffed. It would've been easier to go into liquidation and start all afresh via the Southern League.
 

havantbee

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They were deducted 9 points in the Prem. 10 points in the Championship. The club failed a CVA and did not pay a penny to the creditors from the previous admin. the FL therefore deducted another 10 points as they failed to agree another CVA in time for the season. The 10 points are on hold until the club and owners sort out all the crap that they're in. It looks bad as the supporters group need to have all the monies pledged to hand and an agreement re the ground from Chainrai plus a budget/plan for the next 4 years. They're stuffed. It would've been easier to go into liquidation and start all afresh via the Southern League.


I don't thinknthey are stuffed. I think the Court will allow thevadministrator to sell the ground to the supporters group at market value (calculated on the basis of use as a football ground). On getting this order from the Court the supporter pledges will come in.

The club will then be handed to the control of its supporters - which can only be a good thing. It should stop all the previous nonsense caused principally by the FA agreeing that certain shady types were fit and proper.

I dont think that its reasonable for them to be deducted points twice for the same insolvency.
 

kevalutonbee

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I thought they changed the rules on entering admin when Boston went into admin at half in one game and Leeds went into admin once they knew their fate ie both were going to get relegated so the deduction wasn't a handicap at all?
 

hobbsy

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I thought they changed the rules on entering admin when Boston went into admin at half in one game and Leeds went into admin once they knew their fate ie both were going to get relegated so the deduction wasn't a handicap at all?

Yes, they can suspend the points deduction if you go in Administration after ~March
 

Holysmit

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Some very strange goings on with Pompey tonight. Starting to feel sorry for them. And them going under takes 3 points from us, and only 1 from Tranmere.

http://www.bbc.co.uk/sport/0/football/20706384

I don't feel sorry for them in the slightest. They should never have been allowed to start the season and any sympathy should go to the buisnesses they defaulted on.

Also if they had been kicked out at the start of the season Kevin O'Connor wouldn't be injured.
 

wanderer paul

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I don't thinknthey are stuffed. I think the Court will allow thevadministrator to sell the ground to the supporters group at market value (calculated on the basis of use as a football ground). On getting this order from the Court the supporter pledges will come in.

The club will then be handed to the control of its supporters - which can only be a good thing. It should stop all the previous nonsense caused principally by the FA agreeing that certain shady types were fit and proper.

I dont think that its reasonable for them to be deducted points twice for the same insolvency.

I think it is reasonable. Pompey should've been deducted a minimum of 15 points. Better still, expelled from the FL, the previous agreements weren't even paid to the creditors, they will get sweet FA...... Pompey are tagged alongside MK for me now..... Nasty sh*tty club..... QPR still the worse though!!
 

markyst

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The extra 10 points is for not paying any of the CVA from the last insolvency. Being as not agreeing a CVA gets you 15 points (even though you still have to pay it) - agreeing a CVA and not paying it is surely at least as bad and therefore they can have no complaints about the deduction.
 

RodBee

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The mess seems to get worse as the Administrators want the current case postponed and Portpin want different administrators appointed.

I have no sympathy as this is their third administration and this time they even stole the £250 Poppy Collection money to put in their general pot and lost it!

I read that since the start of this administration their debts are £10 million due to the players payoff monies being spread over the next 4 years.

It gets murkier and murkier down there!
 

markyst

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The fans don't have a hope in hell of paying off the debts, buying the ground and running a FL team. They'd be best off starting again in the Southern League.
 

Stanley

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My Pompey supporting friend ( whose involved in the Trust marginally) thinks they will still have the biggest budget in the league because they are a bigger club than nearly everyone else. Seems their supporters are still in dreamland than reality.

I am sure their debts will burden them for years as it has Bradford.
 

Bill Benn

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The fans don't have a hope in hell of paying off the debts, buying the ground and running a FL team. They'd be best off starting again in the Southern League.

Think you are right on all that even if they do take over the club
 

havantbee

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Think you are right on all that even if they do take over the club

I don't agree - I think that the CVA will ensure that they are not burdened with debt and the club will be properly financed by the supporters trust. It will become another club owned and financed by its supporters, which to my mind is how all sporting clubs should be structured.

I don't understand the bile towards the supporters - I think all of the unhappiness about the non payment of creditors etc should be aimed at the previous owners of the club, who incidentally were deemed fit and proper by the FA. It does occur to me that if football supporters are so upset by creditors not being paid they should campaign to the FA to remove the football creditor rule as this is the main reason ordinary creditors don't get paid.

I don't much like Portsmouth FC, but I don't like to see clubs with a history go out of business because of the practices of foreign owners which were fully condoned by the football authorities.
 
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