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Walk away then...

Walk away then...

So much for 'wanting to talk just about football again' eh, but then again if the man at the head of the Portpin bid to 'reluctantly' regain control of Portsmouth Football Club is so disinterested in the footballing side of things how the hell can you talk football!!!

I think it is pretty safe to say that most know Balram Chainrai would be far from the head of my Christmas card list, I have little to no time for the guy...

The latest draggings on of Portpin's 'takeover' are doing little to enhance my fondness of him.

Do me a favour, all this rubbish about 'investing the money he saves' into Pompey should the administrators 'reduce their fees' is nonsense, surely there are not many who genuinely believe he will do this!

As per my thoughts yesterday I, in some ways, understand his thoughts regarding the administrators and how maybe they need to take a look at the fees they will bring in from a financially ruined 'organisation' but at the end of the day Portpin KNEW admin fees would be incurred when they agreed to takeover again, 'if' certain conditions laid down by them were met...

These were met! Met with the dismantling of our 'squad'.

We literally cannot get rid of anyone else as every senior 1st team player has gone, as per their - and to be fair - The PST's request. Of course that squad was unsustainable financially at this, championship and 'maybe' even premier league level for a club like ours.

Now today we hear, according to The News, that 'the budget' that Portpin are prepared to invest is to be cut from £4m to £1.5m?

In all honesty I think that a £4m budget is excessive!

Whilst £1.5m, in the modern game, does not sounds a lot, albeit 'tight' is probably achievable as a league one club - but more to the point WHY was a £4m playing budget offered if it was not being given? Even more to the point why was £4m on offer anyway, as that is not sustainable for PFC anyway is it!

Not only has the budget been 'slashed' it is said that Portpin have no plans to retain an academy set-up!?

How the hell can you plan for a future when what is meant to be the future is not even going to be in place!

Quite clearly BC has no interest in owning this club so instead of threatening to walk away lets just see him walk away - I did not want him to takeover, and still do not want him to takeover, and if he does I am amazed how anyone can think we have 'a future' under his ownership...

Maybe The PST, as many people feel, could not 'pull it off' but I know I would sure as hell be run by people that genuinely want this club to have a long-term future than those that have no interest in anything bar clawing back as much as they can before kicking us to touch.

I wonder if I (well we) can ever get back to just enjoying football again...

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Writer:pompeyrug
Date:Monday August 13 2012
Time: 1:30PM

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Comments

0
The man is a complete CTNU!!! ( re-arrange as you wish)
plymouth graham
13/08/2012 13:44:00
0
The Admin fees (to date) were also published in the PKF statement which accompanied documents circluated to Creditors and they were around £1m then - so Portpin knew!! It is TOO late to turn back now.
eastneydave
13/08/2012 13:50:00
0
NUCT?
uktony
13/08/2012 13:59:00
0
moving the goal posts all the time... oh, and is it TUNC!
pompeyrug
13/08/2012 14:05:00
0
The predictive text on my old phone used to type aunt.
Et_tu_Pompeii
13/08/2012 14:55:00
0
I used to think that anything was better than liquidation but I'm beginning to wonder if a metaphorical trip to that clinic in Switzerland wouldn't be the best thing, cos like you PR, I'm sick of this.
Et_tu_Pompeii
13/08/2012 14:59:00
0
If BC pulls out, the PST offer is better than liquidation so should be accepted.... fingers crossed! Seems BC wants the club to lose the first few games every season judging by his delaying actions in pre seasons..... I am royaly fed up with all this too.
pompeyweller
13/08/2012 15:44:00
0
What a winker, surely he should be trying to protect his so called investment by making the club more attractive, ie competitive on the pitch and doing well. Oh well, defeat tomorrow night and the possibility of additional income from a Home draw in the next round. More money out of your pocket BC!
bluedr
13/08/2012 16:39:00
0
Agree with everyone, but if the administrators fees were already at £1m, why has PST also only budgeted for £700k? I'm pretty sure the administrators won't settle for that? If they did then Prtpin would only offer that too. If its £1.5m that's still 20 players on 1.5k a week though? Or 25 on £1k or a mixture of younger players on £700-£800 and others on nearer the £2k? So although not best news, let's keep faith all the time Appleton does. When he walks, that's when we should accept defeat.
Midge
13/08/2012 17:27:00
0
Fed up with all of it. As soon as you think things are getting sorted, they're not sorted. Fed up with the 'aunt' making promises he has no intention of fulfilling - like last time he was going to pay in full all the smaller creditors and never did. If he's saving Pompey, he's doing a great job by getting rid of all the players and still haggling about stuff 24 hours before our first competitive game. I know things would still be uncertain and money too tight under the PST, but at least we'd know where we stand. He won't walk away. He still thinks he'll get his £17million back. He must be nuts!
tracyc
13/08/2012 18:58:00
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