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Fantastic generosity but we must mind that slope

Fantastic generosity but we must mind that slope

I know I said that I am enjoying things as they are, and have enjoyed the whole package that currently surrounds Pompey at this point more than I have in a while, whilst we have to 'have faith' in those controlling the purse strings I would like to think that it is only fair to be 'slightly concerned' about things.

So, I would hope that people are not getting too caught up in the moment and are giving some thought to what is going out for us to bring in what we are...

As I say you trust that Pompey are 'living with our means' at the moment, but what means are these?

Is it the Chainrai £4m budget - massively over estimated and unsustainable!
The PST circa £2.5m budget - plenty enough at league one level for me!
Chainrai MKII £1.5m budget - low, but again probably more than workable in league one!

I would like to think, well HOPE it is not the £4m one and maybe slightly above the £1.5m one perhaps, but somewhere in the region of £2m-£2.5m is ample, and would also HOPE that is what is being worked on - as an absolute top of the range amount!

Today we hear that £40,000 worth of pledges, including £30,000 from Mick Williams, has been pledged to the club to help fund another potential three deals that Appy has lined-up.

He said, on Tuesday, that £60,000 was needed to fund these signing until January.

Based on the assumption that that kind of money would be averaged out and is inline with what others at the club are currently getting this tends to point towards an average monthly wage of around £5,000 per month (if based on payment for September, October, November and December).

If that is, give or take, what most players are on then we are almost certainly in the £1.5m-£2m yearly wage bracket, which is 'acceptable' for me...

This generosity is not lost on Appy, he is quoted in The News as saying: 'thank you so, so much - that just sums up Portsmouth since I have come into the football club. You only have to go back to the trip to Spain and Gibraltar, and the majority of that was funded by a supporter and local businessman.

'If I can bring three more players in that would be fantastic. Obviously I need to do a lot of persuading, I need to get the begging bowl out. I think I've already done that a couple of times - ask a few favours and see where we come to.

'The money has run out in terms of what Trevor has said to me.

'So if there is anyone out there who wants to help us until January, I'm sure that will also help the club in the long term.

'I will be working hard trying to convince people we need to get these players in before Saturday. If not, we'll be getting them in before a week on Saturday.'

Again I applaud those who have pledged £40,000 but we do have to be careful!

It is essential that Pompey live within our means from now on, it was living beyond these means with wildly excessive spending then following to be living beyond the means of some of Europe's top clubs - let alone Pompey's! - that got us onto the slippery slop we ended up on!

If things are being handed safely and we are working to a budget anywhere between £1.5m-£2.5m I think that is reasonable, and based on what Appy wanted for these players you would like to think that tied in with what, on average, most players were bringing in per month.

I am not wishing to be a killjoy or anything but lets not get too carried away and start expecting all and sundry to arrive eh as the last thing we want to do is to get back on that slippery slope before we have even got off the last...

Securing our future is priority number one!

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Writer:pompeyrug
Date:Wednesday August 22 2012
Time: 1:45PM

Comments

0
Appy's got Todorov lined up after he was released by Litex. this is who he meant when he said in the interview to the News - ''We had one all lined-up and ready to come last week but couldn’t do it because of the financial situation.It would have been fantastic for us. He would have ripped this division up. I think it would be unfair to name the striker – but he can be signed within 24 hours if we had the cash.’
born&breadPFC
22/08/2012 15:03:00
0
sorry no chance of Appy entertaining todorov..Caleb Folan could be a guess too...but even then i do not think fits the bill. I did hear paddy barcley waxing lyrical about the PST and the BIG club Pompey are and the 18k at the game
plymouth graham
22/08/2012 19:51:00
0
Forgive me if I'm misunderstanding you Rug, but if these are private pledges outside of PFC to fund players, then i don't see how they affect the budget.
PFCblue
22/08/2012 22:03:00
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