Portsmouth - 'If' true this fits the bill?
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'If' true this fits the bill?

On Wednesday evening Vital Pompey member tracyc posted the following in the forum - Interesting Rumour! - here.

Check out the link above for the comments that followed, and to add your own, but this is what she posted having seen it: 'Saw this on a rumour site. I always take these rumours with a large pinch of salt, but perhaps I would like this one to be true . . . (and it is better written than a lot of the ones you see on this particular site)

"11 Jan 2012 14:53:41

Disregard anything you hear from Portsmouth's parent company's administrator Andrew Andronikou about a takeover group today.

The group identified as being led by Joseph Cala is nothing more than a 'stalking horse' representing Chainrai as he seeks to regain control of the club to recoup his investment.

Andronikou knows what's going on and is reluctant to sell to them for this reason.

There is however another group, who are the serious buyers and are the ones with no links to previous ownerships. They are the ones in the front-seat for the club. The stalking horse bid is only there in case the real deal falls through (which is looking unlikely).

The only reason details about this third group haven't been leaked is because they're doing things properly - a first for PFC.

Due Diligence has been completed, and the FAPPT is being undertaken as I type by the Football League.

Pompey are, regardless of what other fans think, on their way to finally being a stable club. The impending new owners are deadly serious about their intentions. They may not have the mega-bucks to contend with the real big boys, but there will be more than enough in the pot to turn the club around and get it back on its' feet.

Of course, I expect no-one to believe this. More fool them. Expect to hear more developments on this after the next FL meeting this week.

So what do people think?

I would 'guess' that pretty much 100% of us Pompey fans would wish this 'rumour' to be true eh!

Given the 'public outburst' from the very same Joseph Cala in The News today, then assuming that rumour does have some basis, it is kind of playing out as it is said it would, right?

Whilst I know we all have to try and cut people some slack I cannot say that I am getting a 'good vibe' from what is starting to emerge about the Sicilian businessman...

The little that is known about his background is not really a glowing endorsement of the guy and there seem to be snippets of a few of the recent owners we have had virtually rolled into one!

'Rumours' sites usually are nothing more than just that but lets hope that the post that tracyc tracked down proves to be a correct one!

So far, if it does have some basis, then the 'emergence' of Joseph Cala as a 'front-runner' in the race to become the next Pompey owner helps this to fit that bill a little more...


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The Journalist

Writer: pompeyrug Mail feedback, articles or suggestions

Date:Thursday January 12 2012

Time: 10:42AM

Your Comments (oldest first)

Change to most recent first
With tyhe track record of AA being nothing short of awful. Why in heavens name is he touting for a new owner. Mixed reports on mafia Joe. Crossing everything on someone decent please.
Report Abuse
12/01/2012 11:25:00

If it wasn't for that " awfull" AA there would be no Pompey Matt; he's a pro business canny/ dodgy dealer and just what Pompey need at the moment. The above article was also posted on the news. Also someone please explain why Chan needs a stalking horse he is a secured creditor and will just default back to the mortgage on the ground- ergo- no need to spend the money on a stalking horse. The only person to have use of a stalking horse is AA to raise the bidding war- which is good for Pompey and those small creditors. I'm also of the opinion that as is so often the case with this rumour monger we are always bullied into being fools if we doubt him cos he's the one that knows for sure. It maybe right but at this time it doesn't sensibly or financially fit at all.
Report Abuse
12/01/2012 13:50:00

"stalking horse", is that like a trojan horse with more sinister undertones ?
Report Abuse
12/01/2012 14:47:00

The other thing I don't get about the rumour is it reads dont believe what AA says - well the point is AA hasn't named anybody and won't - most of us wish he would.
Report Abuse
12/01/2012 14:58:00

LOOK...I haqve posted joke rumours on that site before..my old boss..a green army fan,..retired to Bugaria. I posted tha a builgarian billionaire was going to buy Argyle...i used his name but added a "COV" to his surname, but then PAFC fans took it seriously...someone is possibly playing games. Sadly..I am strarting to worry that Cala is a genuine purchaser, will finally destroy OUR CLUB. ie a couple of months of finance and promices a few players and then clear off leaving the debt.. I did laugh at the wag on the news site who wrote "Captain Nemo's Blue and White Army"..but sadly it may be the knell
plymouth graham
Report Abuse
12/01/2012 17:55:00

Fair point Graham, and I'm not saying this is true, I just wondered that's all. I have to say, the only "research" I've done on Cala so far is to read some of the comments on The News website, and my blood is already running cold at the thought of him taking over the club! Please let there be a knight in shining armour to come prancing out of the misty lake and rescue us!
Report Abuse
12/01/2012 19:52:00

Mr Cala builds undersea casinos. He can see the potential of building a casino in Frogmore Road and then waiting for global warming to raise the sea level and flood Portsea. This man has vision.
Report Abuse
12/01/2012 21:18:00

Just spoken with a chap-PFC season Ticket holder from Honiton looking for car buddies/petrol sharers to travel to games with- and said that i had heard that DL had told solent there are several potential bidders in negotiations..(Thank you Lord) so i doubt this joker will get a sniff, if the others are remotely sane. Ps look at Cala's underwater hotels web site-its a scream...and if there are any devon based season ticket holders, or FP attenders looking for a lift..this guy is called devon blue...i have a mob number for him
plymouth graham
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12/01/2012 21:19:00


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