Vital Football

Another deadline...

Another deadline...

It is getting very much like 'the boy who cried wolf' now it seems as the deadlines being set to save the club as 'time is running out' keep coming, and the latest (of sorts) has been set...

Obviously there does eventually need to be a deadline but I wonder when this really will be!

Trevor Birch, as he told Radio Solent, says that fans need to 'pledge their support to The PST's bid' by next Friday, 24th August.

Clearly this deadline that he is asking for next week is for pledges to come in and then The PST take stock of what they have: 'I would hope by the end of next week the Trust will say to me we are ready to go.'

I cannot see how this can be done in a week and this is, for me, an unrealistic target, surely?

Even when that hurdle is overcome it is not as 'cut and dried' as that is it!

A new 'player compromise arrangement' has to be agreed with the football creditors, or in other words the former players - they are owed a total in the region of £8m, The PST's offer was a pot of £2m to be shared among these...

He added: 'they will need to go back to the Football League with a business plan that is acceptable.

'The compromise agreements also need to be revisited and we need to look at the Trust plan and see what can now be paid to the Football Creditors.'

Would £2m to be shared among players dating back god only knows how far be enough?

People were 'worried' that the likes of Michael Brown and Richard Hughes were mentioned, I would be more worried that names such as Sol Campbell, Peter Crouch and Jermain Defoe may well be among those still owed money by this club and they left years ago!

That is of course forgetting a deal has to be agreed with Balram Chainrai for Fratton Park...

If you have agreed to put in your grand you want to do it, quite clearly some form of prospectus needs to be sent out to those pledging this money as The PST would not, I can categorically say, expect this money to be stumped up until they get through the business plan to us.

Clearly we have enough money for at least a month; otherwise month-long contracts would not be handed out! You would also 'think' we can get through the season or the football league surely would not have allowed us to start it?

'If' (as it has been claimed) we do indeed have £3m, or so, in the clubs bank account then that is a starting point, if not enough to get us through 2012/13 based on parachute payments coming through, 'earmarked' or not.

I honestly do not think that Birch's latest comments and deadline are helpful, that said - and I notice they have re-worded slightly! - perhaps the BBC's portrayal of these comments did not help either...

PLAY UP POMPEY!

Join the Vital Pompey Debate

Vital Pompey on: facebook Vital Pompey on: twitter

Join the Vital Pompey Forum Debate



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

Writer:pompeyrug
Date:Friday August 17 2012
Time: 12:31PM

Comments

0
I dont like Birch one bit. I think he has spent the £12m, I think the council are now unable to help the trust, and I think we need a new game plan, or a new interested party, be it SAF as his £50m is no longer small change, Howe and co. or another. I think Birch is once again throwing in another curve ball, so we have in house fighting and defuse the attention away from himself.
Midge
17/08/2012 13:05:00
0
It is funny how your opinions on Administrators can change - and remember I have met them both face to face on many occasions. They are seen as saviours on day one but by day x they are the culprits. Time is running out BUT there is no need to set deadlines for the Trust on the radio when he is meeting them on a regular basis in private. The Trust (we) are serious and will get the money in BUT with a majority probably needing to sign finance agreements this will take time.

Come on TB we are credible now give us the chance we need.
eastneydave
17/08/2012 13:34:00
0
Can somebody tell me when the 'ring fenced' season ticket money will be used and for what purpose, please.
Et_tu_Pompeii
17/08/2012 15:52:00
Page 1/1
  1. 1

Login to post a comment

Recent Portsmouth Articles

Stats: Barnet v Portsmouth

All the stats from Barnet (1) vs (1) Portsmouth, The Hive, 18/2/17 Att: 4,571

Sunday Chimes #105 - Chaplin's late show

A late equaliser gains Pompey a point, a look ahead to Carlisle, new coach required and what an own goal...

Barnet v Pompey - Follow Live On Twitter

Pompey go to the Hive as the visitors to Barnet today, this will be a 3pm kick-off.

On this day in history...18th February

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 18th February.

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
Forde9%
Evans0%
Clarke8%
Burgess58%
Stevens0%
Linganzi0%
Doyle0%
Lowe0%
Roberts0%
Bennett0%
Doyle0%
Sub - Rose0%
Sub - Chaplin25%
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.pompeyrug51
2.PompeyFrippy27
3.Copnor4318
4.storagematt14
5.FrattonBlue14
6.stubbsy00712
7.uspompeyfan9
8.eastneydave8
9.pompeyweller7
10.Jimsmithswig7
Vital Football Comment