Vital Football

And look who's back...

And look who's back...

Well 'technically' not back at Portsmouth Football Club but Admin Andy is back on the scene as he is 'looking after the assets of the holding company' CIS after they went into admin today...

He, as he told sky sports, though is looking to 'find new owners' for us again: 'at the minute our role is to find new owners for the business.

'The circumstances are beyond the control of the club, unfortunately in this situation the shareholder, or the shareholder of CSI group has his own difficulties and we have had to come in to take control of all his assets including Portsmouth Football Club.

'Currently we are in discussions with the board. The short-term future is secure. They need to address the medium to long-term view and find a new owner for the club.'

Whilst he 'reiterates' that PFC are not in admin, something The Pompey Site also pointed out earlier, there is still a very likely possibility that a points penalty will again be imposed on the club but that is not his concern it would seem: 'I am hoping a points deduction is not a prospect but that is a Football League matter.

'We are different circumstances to the last time. I reiterate the club are not in administration. We are looking after the assets of the holding company.'

The problem is a 'precedent' was set when Scum went into admin, so it would seem unlikely that we will avoid a similar fate...

They were still a 'going concern', as are PFC, but when their parent company went into admin as they and Leisure Holding 'were inextricably linked as one economic entity' the football league docked them points.

On that basis can we really expect to avoid a similar fate?

Our argument, and a fairly valid one, surely would be that the football league classified Vladimir Antonov, and CSI, as 'fit and proper' under their fit and proper test - just some 6-months or so into their Fratton reign clearly they are not!

Those hoping that we had seen the last of Admin Andy might need to get used to seeing his face, and hearing his ramblings, again for a while...

PLAY UP POMPEY!

Click here to make your prediction: Pompey v Coventry.

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:Tuesday November 29 2011
Time: 7:53PM

Comments

0
'maybe' a pts deduction isnt a formality? here.
pompeyrug
29/11/2011 20:11:00
0
There's a way round this. If chanrai reverses the sale due to legal technicalities, I . E it wasn't Antonovs money, and the sale is annulled then the ownership would revert to Chanrai and we would have 0 points deducted and we would have no embargo. I think you will soon hear Chanrai has logged something with company house last week to enable this to happen. Therefore, all those screaming on Facebook and twitter about Chanrai may want to hold fire as he may actually do the best thing for us, by saving us a further deduction of 10 points, plus what ever sanctions would be placed on us having not fulfilled the last CVA yet?
Midge
29/11/2011 20:34:00
0
I like Admin Andy.
Et_tu_Pompeii
29/11/2011 20:35:00
0
I have met him a few times he is OK. You can trust him but not the Football League!!
eastneydave
29/11/2011 21:05:00
0
Soton 'were inextricably linked as one economic entity' - and that's the difference with Pompey. CSI have their fingers in other pies as well.
PFCblue
29/11/2011 21:25:00
0
Nothing bad happened to us under Chainrai's ownership. (Nothing good either, mind). I'm not bothered if he comes back.
Gandor1
29/11/2011 23:28:00
0
It could be worse than having Chanrai back. Having Admin Andy back on the scene is certainly not anything I ever wanted to see again. I know none of the club's problems are his fault, but I have concerns that he is the man tasked to find the club's next owners. Didn't he find the last bunch of crooks?
tracyc
01/12/2011 19:48:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Vital Boxing - Bellew’s Threat to Haye

Recent Portsmouth Articles

Football League - Fixture Day & 2017/18 Key Dates

The Football League have released the key dates for the coming 2017/18 season, and the all important fixtures will be released on Wednesday June 21 at 9am.

On this day in history...21st February

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 21st February.

Vital View - League 2, 18th February 2017

Doncaster's winless run went on but they remain three points ahead of Plymouth. Carlisle are a further two points back. Leyton Orient and Newport hold the unwanted relegation places.

Video - Barnet 1-1 Pompey

A late Barnet goal looked as though it would end Pompey's unbeaten run but Conor Chaplin proved the saviour when he scored a last minute equaliser to earn a point in a 1-1 draw.

Archived Vital Pompey Articles

Vital Pompey articles from

Site Journalists

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

Current Poll (see more polls)

Barnet MotM
Suggested By: Site Staff
Forde15%
Evans0%
Clarke6%
Burgess53%
Stevens0%
Linganzi0%
Doyle0%
Lowe0%
Roberts0%
Bennett0%
Doyle0%
Sub - Rose0%
Sub - Chaplin26%
Sub - Baker0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Doncaster 32 19 7 6 64 23
2 Plymouth 31 19 4 8 61 17
3 Carlisle 32 15 13 4 58 11
4 Luton 32 14 11 7 53 18
5 Portsmouth 31 15 7 9 52 16
6 Exeter 32 15 5 12 50 16
7 Mansfield 32 12 11 9 47 4
8 Stevenage 32 14 4 14 46 1
9 Wycombe 31 13 7 11 46 0
10 Barnet 32 11 12 9 45 -2
11 Colchester 31 12 8 11 44 6
12 Grimsby 32 12 8 12 44 0
13 Cambridge 31 12 7 12 43 3
14 Blackpool 31 10 12 9 42 12
15 Morecambe 30 12 5 13 41 -7
16 Crawley 31 11 6 14 39 -11
17 Yeovil 32 9 11 12 38 -7
18 Crewe 32 8 12 12 36 -11
19 Accrington 30 8 9 13 33 -10
20 Notts County 32 9 6 17 33 -21
21 Cheltenham 32 7 11 14 32 -10
22 Hartlepool 32 7 11 14 32 -18
23 Leyton Orient 32 8 5 19 29 -15
24 Newport 31 5 10 16 25 -15
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Portsmouth Results (view all)

Portsmouth Fixtures (view all)

Feb 25 2017 3:00PM : Carlisle United (a)
Sky Bet League Two
Feb 28 2017 7:45PM : Morecambe (H)
Sky Bet League Two
Mar 4 2017 3:00PM : Crewe Alexandra (H)
Sky Bet League Two
Mar 7 2017 7:45PM : Crawley Town (a)
Sky Bet League Two
Mar 11 2017 3:00PM : Colchester United (a)
Sky Bet League Two
Mar 14 2017 7:45PM : Grimsby Town (H)
Sky Bet League Two

Vital Members League Table

RankNamePoints
1.pompeyrug53
2.PompeyFrippy27
3.Copnor4319
4.storagematt17
5.FrattonBlue15
6.stubbsy00715
7.eastneydave10
8.uspompeyfan9
9.pompeyweller7
10.steaming7
Vital Football Comment