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Continually screwed over!

Continually screwed over!

I am telling you, I have joked repeatedly to friends and family that Portsmouth Football Club will 'be the death of me', although in recent months my health genuinely has dipped so I think it is because of this - so perhaps it will be!

These fears about OUR club are not being eased anymore with recent events.

So, the few 'remaining assets' for the club - the players - now look like being flogged outside of the transfer window, although I do not know who Admin Andy - who now 'claims' the debt is £100m! - thinks he is kidding if he thinks we can 'raise' £20m-£30m through player sales! Does he think we CAN sell loan players as well? As lets face it most of these are the ones with most value to them! Either that or he is literally going to try and sell every last one of them that aint nailed down on a loan back basis!

What about the future?

Meh, its not important...

So much for 'not interfering with the playing side of things,' he seems to have complete power, even the coaching staff admit as much, so can do what he wants - although I suspect this is under the orders of someone else, even though this is 'not meant' to be the case. We ARE seemingly continuing to be stripped bare, or at least that is what the attempts to do are...

Clearly he IS 'very cosy' with Balram Chainrai, that much seems obvious from the way he has 'bigged him up' the other day, which - for me - answers the question 'who's best interests is he working on behalf of?'

There have been conflicting stories, and views, especially in the past day or so that Chainrai IS going to bring the club out of administration and takeover, others say that other than 'getting his money back' he has no interest in the club.

Sorry guys, I know it might not be a popular opinion but, in spite of how it might look on the surface and 'how he saved us' before, I DO NOT see Chainrai as a 'hero' and DO NOT want him to takeover this club!

I DO NOT want him, or any of those that have brought us to our knees involved in ANY way, shape or form - in all honesty I am not sure how much life we have left in us, but it kills me to think that we could actually 'welcome' a man back into the club with 'open arms' for him to only then continue the raid and leave us for dead, well we have basically been left for dead as it is, the fatal blows will be delivered!

For one thing HOW could the guy, having 'seized control' of the club, that put us into admin then take us out of it? Is it even possible for him to do this - surely it cannot be legal can it?

Then again WHY did he not just 'save us' before if he wanted us that bad...

Does anyone REALLY think that he has 'fallen in love' with the club and would do this for ANY other reason than just to 'get his money back', and if he did gain complete control again I reckon he would get this and more, probably much, much more!

It WILL be the club funding things, not Chainrai, via the money generated from player departures and the parachute payments etc. I doubt that much, in fact any, of his own money will go in - even in 'loan' forms - and only minimal amounts of that, which is generated and paid to us, will go back in - and we will limp along with basically no more than needs to going into the club, despite an amount continuing to go out...

Yep we DO have to start getting some trust back, and cannot 'no no' everybody but in many ways I am not sure that 'Balu' is any 'better' than those that went before him, he is just a more 'respectable' face, but a face that nonetheless is well in with those that have been and gone before - so I cannot say that this face is fooling me and do not think we should be taken in by him!

I think that in the weeks and months ahead I 'might' have to make one of the toughest calls of my life you know!

Portsmouth Football Club is my life, I love this club, but I do not know if I would renew my season ticket if Chainrai, who WILL say this and that to 'win people over', took control of the club. I could see him bleeding us as dry as others have, in fact maybe finishing the job others started by stripping away the final assets that we have and taking the parachute payments, which will be fairly substantial over the years, and much of this 'could' be advanced?

As I say this club means the world to me and I always said having got my season ticket back a few years ago I would NOT give it up again, my life would be empty and my weekends would be incomplete but I am not sure I would be happy 'putting money into anyone else's pockets', as enough of this has been siphoned off in recent times!

It is a double-edged sword in many ways, we know the club need money but can you really justify continuing to put it in when you honestly do not know what is happening with it? I am finding it increasingly hard to think I can carry on doing this - putting money in, even for something that means as much to me as this club...

This past 10-months or so, when things have been at their worse, have been soul destroying. Honestly it feels like I am being eaten away from the inside out, with it getting a little worse with each passing day. How the premier league, well Admin Andy for that matter too, can say that 'allowing us to sell players' and/or 'the advancing of money' is 'helping' is also beyond me! All this after the premier league said they WOULD NOT allow such a thing to happen - quite clearly, if it needed to be made any clearer, they just want to do whatever they can to ensure that we make it through the season and then it is no longer their concern.

WHAT have we, some of the best fans - if not the best - in the world done to deserve being continuously screwed over by charlatan after charlatan that seem to almost blatantly expose in our faces the fact that they have been extracting the urine out of us! What can we do? I do not know but we cannot let this continue can we?

Like I say, this probably - the thoughts on Chainrai 'the hero' - WILL NOT be a popular view among many, and for that I am sorry guys, but - and this in not a 'he is the latest target to take blame for our plight' train of thought - if I were not so sure on this, and him NOT being someone that I would want taking over as I cannot see the good in this, I would not say this...


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Date:Friday March 26 2010
Time: 10:53AM

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Rug, owners putting their companies into administration and then buying them back is common practice. In fact I believe I am right in saying this is sometimes done in a seamless fashion.
26/03/2010 11:31:00
Rug, I agree with everything you say. I fear we are in for a slow lingering death. Why is AA leaning towards Chanrai rather than other offers? Why aren't the other offers more transparent anyway? Is there anyone out there with money that actually cares? As you know, I gave up my ST a couple of years ago and everything that continues to happen re-assures me that I did the right thing. I cherry-pick my matches but, including friendlies, am already over 30 for this season. The difference is that a lot of games are away games - where you and I live, it doesn't make a lot of difference to the travelling. So next season there's a lot of places to visit that we haven't been to for years without pouring too much into that bottomless pit that is Fratton Park. Where has all the money gone to over the last seven years? However much the players (or Storyteller) earnt, the figures still do not add up and I want a lot of re-assurances before I ever get a season ticket again!
Ken Malley
26/03/2010 11:43:00
007 - correct. Any moaning about AA isn't going to help matters, the club is mahoosively in debt we're not liquid. To have any hope of the club carrying on it is going to mean selling absolutely everything we have to provide some kind of offer to the creditors that they'll approve and allow us to come out of administration. As for Chanrai not saving the club before, why would he? It would of cost him 70m or so for little or no payback. He's not emotionally attached to the club in any way. If he can take the club on he's not going to bleed it dry, he can't, there's nothing there. As for future parachute payments that will either be taken into account in the sale price of the club or will already have been ear marked for the creditors. So any prospective owner isn't going to be able to just walk off with it. I'd like to say the only way is up but it's not we've still got a way to drop before we can hope to turn things around, we will possibly however still have a club (even if only a shell). I don't particularly care if AA is working for Chanrai or not he legally has to get the best deal for the creditors and no-one taking us on now will be able to asset strip us as they're aren't any, the ground doesn't count as the value of that would be included in the sale price of the club.
26/03/2010 11:47:00
Rug; Charlie Chanrai he has not fallen in love with this club, he wants his money back, I think he is trying to push the Lloyd consortium into a comitment but, you also need to keep up the accuracy he did not buy the club, nor was he part of the previous regimes other than a bank, and to expect a business man "to just save us" is unrealistic, as Pompey fans say; why pay 60-85-100 million when you can get it for 30? Also from what I hear Pompey fans want a stable club on a business footing. I don't care who eventually takes over but Rug our recent history is clear; no chanrai = no club and you should note that.
26/03/2010 11:56:00
Sensible talking Russell. How somebody who saved PFC from extinction can be bad-mouthed is beyond me. If it wasn't for his intervention we wouldn't even have any club to discuss in this forum.
26/03/2010 12:25:00
if chainrai - who only 'saved us' because it benefited him - takes over then we will ONLY continue to see what has been happening for the past 10-months or so carry on, every penny will be drained out of the club, we will have literally nothing left worth 'saving' and we will die anyway...
russ, chainrai will screw us over as much as the other have - it might be a little more 'subtle' than others but i am sure he will do this all the same, will will wither away and die a slow, painful and agony ridden death. clearly i DO NOT want us to die but would rather a swift one than limping on for more of the same of this for a year or 2...
26/03/2010 13:25:00
of course he only saved us because it benefited him, he stuck the money in to prop the club up as a short term loan, it wasn't him feeding it in over a number of years like sasha. I think you're making massive presumptions over chanrai, we don't even know if he's going to buy the club or not. As I said previously it's hard to screw us if there's nothing left to screw, I suspect if he does buy us it will be to get us on a stable footing (whether in the championship, league 1, 2 etc) and then sell us on to recoup his money (and possibly make a little extra). There's nothing wrong with that if he saves the club and makes us a viable proposition to someone else in the future.
26/03/2010 17:33:00
stooH trust me there is NOTHING more than i would want for chainrai to do just that, come in stabilise things - get his money back, even more a 'bit' of profit on top but i really, seriously cannot see him doing this and fear that his 'good guy' image is going to see him pull the wool over our eyes and we will look back down the line and think 'if only we could have done more to stop him finishing the job others started', thing is there is not alot we can do bar not put money into the club - which, as said is a double edged sword as money is needed for us to survive but why put it into someone elses pocket? again as said in the article i am loathed to do it but am leaning heavily towards doing my following of pompey purely in away games next season as i do not know if i could willingly part with money to a club run by someone who is still very much a part of the lot that has screwed us over before...
26/03/2010 17:48:00
Interesting that when asked about the sale of players Grant had just stated (as near as) on quay that " I wish this situation has happens last time, I can talk to the administrator". Grant further stated " I wish this situation had happened last Nov, Dec or January at least I can talk about it". So not ideal but I think it puts to bed rumours that AA is colluding with Charlie Chanrai to screw us.
26/03/2010 18:18:00
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