UK time is: 20:21:46
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

An end to administration is in sight

Exiting administration, and having a new owner, 'should' be concluded within the month according to what Admin Andy has told The News today.

The football league will meet on September 9th where it is 'expected' to approve the CVA agreement in place, which would then mean the club can come out of admin, be taken over - almost certainly by Balram Chainrai - and then have the transfer embargo lifted.

Admin Andy also said that the 15m that Chainrai was making available to help us through admin was not needed, with the administrators able to get the running costs of the club down to 8m during the past 3-months when the Vantis report said we would be looking at 12m per month.

Exiting admin and 'trying' to get this club back to 'normal' is the priority, and once we are able to see this we can 'hopefully' start looking forward again, although for this the club MUST be run properly with the right, and not the wrong, things taking place!

The right is most definitely ensuring the structure of the club is right, to help us become more 'self-sufficient', and we live within our means.

The wrong is clearly lavish spending on transfer fees, wages and 'bonuses' for players, and staff, that are unrealistic and well beyond our means!

All of the above might mean 'less success', but as we have already seen success has come at a BIG price for us - the chance of having a 'second chance', although technical it would be a third as we have been in admin before, is something we have to appreciate and make sure that the same mistakes do not happen again.

I know this means that we will 'miss the transfer deadline' at the end of the month, but lets face it we WOULD NOT and SHOULD NOT be spending money on players anyway, free agents and loanees are the ONLY way for us to go, and we 'could' still go down that route next month, and the months after...

The transfer window, as far as loans goes, remains open in the football league I believe so with the new 25-man squad rule coming into place in the premier league there will be a number of players without 1st team football - I am sure that many would send out players on loan, to the likes of us, and better still I also 'think' that they would do this and cover most, if not all of their wages, as it would benefit them, as well as other clubs, in loaning these players out.

So, lets just prioritise things really.

This season 'probably' will be a struggle, but we were expecting this anyway! I have to say, even with depleted numbers, if we continue to offer what we have so far, and see the players offering what they are, that will do me and WOULD at the very least keep us up, and that is all I ask from this season...

PLAY UP POMPEY!

  • Click here to make your prediction: Pompey v Preston.

  • Click here to make your prediction: Pompey v Palace.

    Join the Vital Pompey Debate

    Trust




    Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



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

  • The Journalist

    Writer: pompeyrug Mail feedback, articles or suggestions

    Date:Thursday August 19 2010

    Time: 10:13AM

    Your Comments (oldest first)

    Change to most recent first
    Wonder if we can get O'Hara back in. I noticed he didn't even make the squad for Spuds at the weekend??
    blarmy
    Report Abuse
    19/08/2010 10:27:00

    The dates are as the CEO had said before. What's all this 'we' and 'us' from AA? At what stage does he do an exit?
    PFCblue
    Report Abuse
    19/08/2010 10:27:00

    I see in Tim's article in the forum he'll be on the 'sidelines' for the next 3-4 years.
    PFCblue
    Report Abuse
    19/08/2010 12:15:00

    i reckon that the 25 man rule thing will benefit us, and other clubs in our league true enough, as for Jamie O'Hara...i suspect he did enough to get into a squad in thye EPL and there would be absolutlely no shortage of takers.
    plymouth graham
    Report Abuse
    19/08/2010 14:26:00

    Its a big relief to see some light at the end of what has been a very long, dark, dank tunnel indeed.
    tracyc
    Report Abuse
    19/08/2010 20:48:00

    I reckon Spurs are going to make O'Hara pay for what he said on the lead up to the Cup semi. He'll probably languish in the background all year. What a waste.
    gandor1
    Report Abuse
    19/08/2010 21:03:00

     

    Have Your Say

    Log in...
    with your social network     OR     with your Vital account

    Recent Portsmouth Articles

    Fulham defender signs up (Thursday January 29 2015)

    Pompey loan Fulham defender (Thursday January 29 2015)

    On this day in history...29th January (Thursday January 29 2015)

    McCallum facing possible 4-match ban (Wednesday January 28 2015)

    We've seen you before... (Wednesday January 28 2015)

    Pompey MOTM - Southend (h) (Wednesday January 28 2015)

    On this day in history...28th January (Wednesday January 28 2015)

    Holmes on his way (Tuesday January 27 2015)

    On this day in history...27th January (Tuesday January 27 2015)

    AA stays! (Monday January 26 2015)

    Archived Portsmouth Articles

    List All Vital Pompey Articles
    Have your say
    Click here to suggest an article
    Click here to suggest a poll

    Vital Members League (view all)

    1. gentleman jim 135
    2. pompeyrug 116
    3. Pompeytim 61
    4. cornypomp 43
    5. storagematt 40
    6. eastneydave 36
    7. Emsworthianblue 34
    8. Copnor43 26
    9. mslorna48 25
    10. pompeyweller 18

    League Results (view all)

    League Table (view table)

    Team P W D L GD Pts
    15. Accrington 26 10 3 13 -8 33
    16. Oxford 27 7 9 11 -6 30
    17. Cheltenham 27 7 9 11 -13 30
    18. Portsmouth 26 7 8 11 -5 29
    19. York 27 5 13 9 -5 28
    20. Mansfield 26 7 7 12 -12 28
    21. Dag & Red 27 7 6 14 -11 27

    Breaking League News

    Bell Tolls For Fergus
    Mansfield : 29/01/2015 16:51:00
    FA Investigate Crowd Incidents
    Southend : 29/01/2015 16:41:00
    Bridge Gap For Jack
    Southend : 29/01/2015 16:33:00
    Bingham - Marlon Someone To Learn From
    Hartlepool : 29/01/2015 16:27:00
    Targets but realism prevails
    York : 29/01/2015 16:24:00

    Current Site Poll (view all polls)

    Wycombe v Pompey?
    Suggested By:  pompeyrug
    Pompey win 0%
    Draw 25%
    Wycombe win 75%