Portsmouth fc

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reading_fan
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Re: Portsmouth fc

by reading_fan » 18 Apr 2013 14:33

I was quoting for the reference to losing payments if a side is relegated to League One. I maybe should have thinned down the quote to make it clearer.

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Re: Portsmouth fc

by TFF » 18 Apr 2013 14:41

reading_fan losing payments if a side is relegated to League One.


Don't think that happens tbh

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Re: Portsmouth fc

by reading_fan » 18 Apr 2013 14:44

TFF
reading_fan losing payments if a side is relegated to League One.


Don't think that happens tbh


There's no source I could see to back up that quote, so it may well not be true.

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Re: Portsmouth fc

by Cobi » 18 Apr 2013 15:33

It isn't true. The payments are there to help the club restructure. If anything, they become even more important if you bomb to League One inside that 4 years.

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Re: Portsmouth fc

by Ian Royal » 18 Apr 2013 17:17

AL you can argue that the points deduction is the wrong way of doing it and it should be replaced with actual financial monitoring and controls put in from the FA and FL / PL instead. Until then you either apply the existing rules and punish the club and hope it's a deterrent, or you scrap them and ignore it completely and make there absolutely no consequences to anyone.

The fact is there is a penalty, so it should be applied correctly.


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Re: Portsmouth fc

by PieEater » 19 Apr 2013 09:13

The whole Chainrai saga at Portsmouth has been about him trying to get his hands on the parachute payments to settle his loan and the Trust bid is also geared around getting them. So whoever said they stop in League 1 is talking bollocks.

My main point remains that if Pompey don't want a points deduction next season, then they should forfeit the parachute payments. It seems that they are happy to distance themselves from the previous management for the debts, but keep quiet about the up side of these payments.

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Re: Portsmouth fc

by Who Moved The Goalposts? » 19 Apr 2013 10:46

PieEater The whole Chainrai saga at Portsmouth has been about him trying to get his hands on the parachute payments to settle his loan and the Trust bid is also geared around getting them. So whoever said they stop in League 1 is talking bollocks.

My main point remains that if Pompey don't want a points deduction next season, then they should forfeit the parachute payments. It seems that they are happy to distance themselves from the previous management for the debts, but keep quiet about the up side of these payments.


Excellent point.

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Re: Portsmouth fc

by Cobi » 19 Apr 2013 10:54

Who Moved The Goalposts?
PieEater The whole Chainrai saga at Portsmouth has been about him trying to get his hands on the parachute payments to settle his loan and the Trust bid is also geared around getting them. So whoever said they stop in League 1 is talking bollocks.

My main point remains that if Pompey don't want a points deduction next season, then they should forfeit the parachute payments. It seems that they are happy to distance themselves from the previous management for the debts, but keep quiet about the up side of these payments.


Excellent point.


Hopefully the FA/FL share the same opinion.

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Re: Portsmouth fc

by Royal With Cheese » 19 Apr 2013 13:37

Who Moved The Goalposts?
PieEater The whole Chainrai saga at Portsmouth has been about him trying to get his hands on the parachute payments to settle his loan and the Trust bid is also geared around getting them. So whoever said they stop in League 1 is talking bollocks.

My main point remains that if Pompey don't want a points deduction next season, then they should forfeit the parachute payments. It seems that they are happy to distance themselves from the previous management for the debts, but keep quiet about the up side of these payments.


Excellent point.

I wish I'd thought of that.

Stick that in your pipe Dirk and come up with an analogy for it.


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Re: Portsmouth fc

by Divvy » 19 Apr 2013 21:38

Officially out of admin tonight.

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Re: Portsmouth fc

by wolsey » 20 Apr 2013 03:52

And apparently with an agreement with the football league that the points deduction will be made this season (as per bbc sports)

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Re: Portsmouth fc

by Barry the bird boggler » 20 Apr 2013 08:46

wolsey And apparently with an agreement with the football league that the points deduction will be made this season (as per bbc sports)


Surely not, precedents are already set here....

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Re: Portsmouth fc

by wolsey » 20 Apr 2013 11:14

The chairman of the PST Ashley Brown admits relegation was "inevitable", after the Football League confirmed several months ago that Pompey faced another 10-point penalty when they came out of administration.
There has been some ambiguity as to when that penalty will be imposed, based on how competitive or otherwise the club are when they exit administration.
However, despite already being relegated, Brown believes the penalty will not be carried into next season.
"Relegation was inevitable," Brown told BBC Radio Solent. "We've been expecting it for quite a while.
"We knew the minus 10 points would be coming off so we've been relegated for a few weeks now.

"Our understanding and agreement with the Football League is that the 10-point deduction will be coming off this season regardless of the fact we are already relegated."
Brown added that it would be huge blow for the club to be hit with the penalty next season and said they would be in touch with the League in the coming days to clarify the situation.

"It would be devastating to have them taken off next season and have to start next season on minus 10," he added.
"We have our agreement with the League - they set us a number of conditions in order to keep our 'golden share' [League status] and one of those was to have a points deduction this season.

http://www.bbc.co.uk/sport/0/football/22182724


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Re: Portsmouth fc

by Ian Royal » 20 Apr 2013 13:12

wolsey The chairman of the PST Ashley Brown admits relegation was "inevitable", after the Football League confirmed several months ago that Pompey faced another 10-point penalty when they came out of administration.
There has been some ambiguity as to when that penalty will be imposed, based on how competitive or otherwise the club are when they exit administration.
However, despite already being relegated, Brown believes the penalty will not be carried into next season.
"Relegation was inevitable," Brown told BBC Radio Solent. "We've been expecting it for quite a while.
"We knew the minus 10 points would be coming off so we've been relegated for a few weeks now.

"Our understanding and agreement with the Football League is that the 10-point deduction will be coming off this season regardless of the fact we are already relegated."
Brown added that it would be huge blow for the club to be hit with the penalty next season and said they would be in touch with the League in the coming days to clarify the situation.

"It would be devastating to have them taken off next season and have to start next season on minus 10," he added.
"We have our agreement with the League - they set us a number of conditions in order to keep our 'golden share' [League status] and one of those was to have a points deduction this season.

http://www.bbc.co.uk/sport/0/football/22182724

Presumably, if they're right and the points deduction counts this season, it's because the exit of Administration is considered to have happened when the deal was agreed in principle and put on hold until the result of the Court case.

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Re: Portsmouth fc

by genome » 20 Apr 2013 15:43

Currently 3-0 up against Sheffield Utd. :shock:

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Re: Portsmouth fc

by buzzby » 20 Apr 2013 16:05

genome Currently 3-0 up against Sheffield Utd. :shock:


Took 7/2 on them. Knew it would be a good value as I'd imagine it will be buzzing at Fratton Park. Thing is I've also got Blackburn and Crawley in the bet.

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Re: Portsmouth fc

by Who Moved The Goalposts? » 20 Apr 2013 16:09

League announces 10 points deduction to be this season.

So, no punishment at all then for being the first football club in history to break the terms of a CVA. Tough punishment indeed. :roll:

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Re: Portsmouth fc

by buzzby » 20 Apr 2013 16:30

Who Moved The Goalposts? League announces 10 points deduction to be this season.

So, no punishment at all then for being the first football club in history to break the terms of a CVA. Tough punishment indeed. :roll:


I know, why even bother deducting the 10 means nothing

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Re: Portsmouth fc

by Wipped » 20 Apr 2013 17:04

Disgraceful decision. As someone said, they're still happy to pick up the parachute payments. It should have carried into next season. Now they'll buy their way back to L1 with what should be ease next season, and probably back to the Championship a lot sooner than they should do!

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Re: Portsmouth fc

by Fox Talbot » 20 Apr 2013 18:04

Can someone who lives a bit further away from Portsmouth than me please put in an appeal against this :wink: based on precedents surely? PFC can't dictate these terms to the FL, can they?

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