Vital Football

CSI statement - business as usual

CSI statement - business as usual

CSI this evening released a statement (here) via their facebook page in a bid to reassure all that all is ok, despite the problems with Snoras Bank.

The statement is on that link above or quite simply below...

CSI Statement on Snoras Bank Announcement

In the light of the recent events at Snoras Bank, Convers Sports Initiatives (CSI) would like to reassure its companies, staff, and the fans of its teams and events, that it remains very much business as usual. We are operationally unaffected by the Snoras Bank entering temporary administration.

CSI has been solely financed through the private wealth of its owners. Snoras Bank has never provided funding for the purchase of a CSI organisation, nor has it lent any money to these businesses after they have been acquired.

We continue to look at expanding the CSI business and hope to announce a number of further acquisitions in the near future as well as continuing to support our existing businesses.


What else can you say?

I guess we have to take CSI at their words and hope that they do not, like so many before them, end up letting us down...

PLAY UP POMPEY!

Click here to make your prediction: Watford v Pompey.

Join the Vital Pompey Debate

Vital Pompey on: facebook Vital Pompey on: twitter

Join the Vital Pompey Forum Debate

Frippy's Virtual Bookies - here.



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

Writer:pompeyrug
Date:Thursday November 17 2011
Time: 11:23PM

Best of Vital Network

Vital Boxing - Tyson Fury Will Be Back!

Comments

0
So what I said yesterday about there being separate limited liabilities - as in pretty much every other business - seems at this time to be correct.
Russellm
18/11/2011 07:49:00
0
The worry is players like Rocha and Herman who were put through the grief of admin previously (not to mention PFA that made the situation far worse) get a bit unsettled; the negative financial associations are disheartening since we know come Jan11 tax trials of Harry and Milan there will likely be more. As I said the finance side is unlikely be an issue it's just the associated negative publicity.
Russellm
18/11/2011 08:02:00
0
As far as CSI are concerned it sounds like positive news. I only hope the boss isn't implicated in the millions missing from the bank.
PFCblue
18/11/2011 08:25:00
0
that is a major worry isnt it blue...
pompeyrug
18/11/2011 08:33:00
Page 1/1
  1. 1

Login to post a comment

Recent Portsmouth Articles

On this day in history...30th September

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 30th September.

EFL - The Stats Ten Games In (30/9/16)

The Football League, or as it wants to be known now, the EFL, have compiled the statistics with the vast majority of clubs now ten games into the new 2016/17 season.

Away day Blues

We can be brilliant one game and then woeful the next...usually after we've won (usually pretty well) at home but then we lose away, as we did at Blackpool.

Vital View - League 2, 27th September

A lead at was extended by Plymouth with Blackpool recording a surprising win, talking of which Wycombe's five-one win against Crewe was certainly a 'surprising' win.

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 MotM
Suggested By: Site Staff
Forde0%
Evans0%
Davies0%
Burgess0%
Stevens20%
Baker0%
Rose0%
Doyle0%
Naismith0%
Roberts20%
Chaplin40%
Sub - Bennett20%
Sub - Smith0%
Sub - Main0%
ScoopDragon Publishing Entire League Network of Sites

League Table

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

Recent Portsmouth Results (view all)

Portsmouth Fixtures (view all)

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
Nov 12 2016 3:00PM : Mansfield Town (H)
Sky Bet League Two

Vital Members League Table

RankNamePoints
1.pompeyrug65
2.storagematt31
3.Copnor4328
4.PompeyFrippy28
5.FrattonBlue26
6.eastneydave21
7.mslorna4817
8.uspompeyfan15
9.pompeyweller14
10.stubbsy0077