Vital Football

Decision made - case adjourned!

Decision made - case adjourned!

After rejecting another cash offer earlier in the day the court has eventually made its decision on what Pompey's future will be, and this court has decided...

The decision has been to adjourn the case and grant us a 7-day stay of execution, so we now have this time to find the money we owe.

We need to issue a 'statement of affairs' to prove that we CAN provide what is needed, to counter the insolvency claims from HMRC, who also claim that we owe £11.5m!

So, 'if' there is any saviour waiting in the wings - and sky sports news have claimed that PFC have said we have TWO serious offers on the table to buy the club AND pay off our debts - then they MUST move quickly and sort this out - failing that Balram Chainrai MUST put his hand in his pocket and settle this deal or he WILL lose the vast majority, if not all, of what he has already put in.

This has been a horrible, horrible thing to go through and I can say - as many of us have all along - I would not wish this on ANYONE.

I guess we NOW have to go through this all again next week? Well, not next week, it will be next Friday - 19th.

PLAY UP POMPEY!


Bookmark and Share


Join the Vital Pompey Debate



Click here to join in the debate on the club forum.

Writer:pompeyrug
Date:Wednesday February 10 2010
Time: 1:07PM

Best of Vital Network

Vital Boxing - Joshua v Klitschko?

Comments

0
Only 7 days Adjounment -pray that the potential buyers are serious but that probably isn't long enough
yellowcheesemonkey
10/02/2010 13:10:00
0
Don't know monkey, seven days seems to be a long time in the business of football. If the offers are actually on the table, then maybe something can be done soon.
gandor1
10/02/2010 13:18:00
0
Death by a thousand cuts.
ninjatim
10/02/2010 13:21:00
0
I just can't wait for next Friday .. think I'll those knitting needles back up my nose, put my boxer shorts on over my trousers and put my head back in that bucket for a day or two..
chix
10/02/2010 13:21:00
0
Court have just said that we have got a week to draw up a statement of its financial affairs... How about this "Our financial affairs are a mess".. who needs nine days !
chix
10/02/2010 13:23:00
0
How do you all feel about Harry Redknapp in all of this? Do you think he has blood on his hands so to speak?
Stig
10/02/2010 13:32:00
0
Lets hope these two serious investors are SERIOUS and that they are not dreams Mr Storrie has been having recently!
bluedr
10/02/2010 13:35:00
0
The chaiman just did what he asked him to do, as soon as he knows theres no money he leaves. Spurs will be next if funds run low. This is why Avram Grant has to be commended for the job he's doing at the moment because I bet he's not being paid for it, plus he really knows what 'Bare Bones' means!
moley2
10/02/2010 13:35:00
0
Stig. Not sure we blame HR. He spent what he was allowed. When he wasn't allowed he left. Problem is we didn't the taxman. Now we have a stay of execution, which means the axe will chop our head off unless we can sort it. Last throw of the dice.
storagematt
10/02/2010 13:38:00
0
In reality the 7 days is to allow the club further negotiation time with HMRC
russellm
10/02/2010 13:49:00
Page 1/3
  1. 1
  2. 2
  3. 3

Login to post a comment

Recent Portsmouth Articles

Team Sheets - Blackpool v Portsmouth

Blackpool are at Bloomfield Road with Portsmouth the visitors today, this is a 7.45pm kick-off - the line-ups have been confirmed.

Pompey Predictions League - update no.9

The Pompey Predictions League is part of this site now isn't it. Would it be the same without it? This continued with the win against Barnet and will carry on at Blackpool tonight.

On this day in history...27th September

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 27th September.

Match Day Officials v Blackpool (27/9/16)

The Football League have now announced the Match Day officials that will take charge of the game against Blackpool this Tuesday.

Archived Vital Pompey Articles

Vital Pompey articles from

Site Journalists

pompeyrug
Editor email
Profile
eastneydave
Editor email
Profile
paultsmouth
no email
Profile
Chix
no email
Profile

Current Poll (see more polls)

Blackpool v Pompey
Suggested By: pompeyrug
Pompey win63%
Draw12%
Blackpool win25%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Plymouth 9 6 1 2 19 4
2 Portsmouth 9 5 2 2 17 9
3 Luton 9 5 1 3 16 8
4 Doncaster 9 5 1 3 16 7
5 Crewe 9 4 4 1 16 4
6 Carlisle 9 3 6 0 15 3
7 Morecambe 9 5 0 4 15 -2
8 Colchester 9 4 2 3 14 2
9 Notts County 9 4 2 3 14 1
10 Accrington 9 4 2 3 14 1
11 Crawley 9 4 2 3 14 -1
12 Grimsby 9 4 1 4 13 2
13 Mansfield 9 3 3 3 12 -1
14 Leyton Orient 9 3 2 4 11 0
15 Hartlepool 9 2 5 2 11 -4
16 Blackpool 9 2 4 3 10 2
17 Barnet 8 2 4 2 10 -2
18 Stevenage 9 3 1 5 10 -3
19 Yeovil 9 3 1 5 10 -4
20 Exeter 9 3 0 6 9 -5
21 Wycombe 9 2 2 5 8 -7
22 Cheltenham 9 1 4 4 7 -3
23 Newport 8 1 3 4 6 -4
24 Cambridge 9 1 3 5 6 -7
Latest F1 News
Latest Vital Boxing News

Recent Portsmouth Results (view all)

Portsmouth Fixtures (view all)

Sep 27 2016 7:45PM : Blackpool (a)
Sky Bet League Two
Oct 1 2016 3:00PM : Doncaster Rovers (H)
Sky Bet League Two
Oct 8 2016 3:00PM : Leyton Orient (a)
Sky Bet League Two
Oct 15 2016 3:00PM : Plymouth Argyle (a)
Sky Bet League Two
Oct 22 2016 3:00PM : Notts County (H)
Sky Bet League Two
Oct 29 2016 3:00PM : Cambridge United (a)
Sky Bet League Two

Vital Members League Table

RankNamePoints
1.pompeyrug63
2.storagematt29
3.PompeyFrippy28
4.Copnor4326
5.FrattonBlue23
6.eastneydave21
7.mslorna4816
8.pompeyweller14
9.uspompeyfan14
10.Dentoblue7