Vital Football

For Sale - Come and Buy Us Fernandes or Cellino

For Sale - Come and Buy Us Fernandes or Cellino
Tony Fernandes pulled out of the race on Monday night to buy West Ham, while finance firm Intermarket and Italian Massimo Cellino, were piped to the post by Sullivan and Gold.

These Parties appear to be genuine investors and want a Premiership Club.

Pompey has one of the most passionate fan bases yet is in dire straits to secure life after Gaydamak, so If either or both, still want a Football Club, then please come in and rescue Pompey from the creek we are currently paddling up? Down? At the moment!

Thank You PuP

Written by Midge .

The views within this article are the views of the individual who wrote and submitted this piece, sometimes solely theirs. They are not necessarily shared by the Vital Pompey Site Journalists.


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Join the Vital Pompey Debate

Writer:pompeyrug
Date:Friday January 22 2010
Time: 12:41PM

Comments

0
west ham in more debt than us but are more attractive proposition, that says it all, turn out the lights
Super Bock 1898
22/01/2010 12:47:00
0
Apart from the debt mire there's an even larger amount required to be spent on a new stadium, training ground etc.
PFCblue
22/01/2010 12:59:00
0
Cellino is a twice convicted fraudster and would never pass the FAPPT .
blueballoo2000
22/01/2010 13:12:00
0
blueballoo2000 i could pass the FAPPT and ive got a massive overdraft with nothing left!
pompey--pessimist
22/01/2010 13:18:00
0
Nick Leeson and Osama ********** would pass the FAPPT!! Even G W Bush I would imagine.... But yes, we're a cheaper purchase, but the stadium investment is required to start raking in the cash - permission and plans already there, as well as all commercial stuff to back it up - with a decent initial outlay there's still money to be made....and our debts are a pinch to clear compared to the majority of Prem clubs. Come along you failed Hammers bidders, we will welcome you with open arms!!
Tantona
22/01/2010 13:25:00
0
Amusing that the terrorist chaps name gets filtered...oh well.
Tantona
22/01/2010 13:26:00
0
A few chants from the Fratton End tomorrow for these guys?
bluedr
22/01/2010 13:47:00
0
not a chance..Tony whatsit is a WHU fan and G&S made an open invitation to him to invest with them, as they look to guild a "consortium of wealthy WHU fans"...We o0n the other hand dont even have a famous fan let alone a mega rich fan... I honestly do not know what will happen, the passimist see'e us going into liquidation, but thats because all, well most, of my 47 years of life we have been crap...lets be honest...The Redknapp years excepted. So every one says a big(ish) club will go soon, so probably us. BUT...theres is also a bit of something that feels it will be ok...either that or I am a battery in a atrix coma fed misery, as it provides more power.....otherwise i would be a Chelseapool UNitedhtspurs fan like most people around the country.
plymouth graham
22/01/2010 14:12:00
0
I was thinking about this late last night, there's two main issues here which are (obviously) related. The debts and cash flow - cash flow is most pressing but lets park it for a moment. To take this club on someone would need to invest somewhere in the region of 100m I reckon to get us back on an even keel, that's about 60m to clear the (alleged) debts and about 40m to pump into the new stadium. The wage bill should be low enough now that once we get past the end of the season and start getting the parachute payments we'll be in a position to keep our heads above the water. Next year consolidate in the championship, then push for re-promotion the year after using the second tranch of parachute payments to boost the squad. This would likely mean no need to provide further investment in the team and by the third year we should have the new stadium good to go potentially proving enough income to actually support a well run smaller premier league club. So all we need is someone willing to invest 100m with payback probably over a 10-15 year period with the ability to sell on an established premier league club for about 60m at the end of that time. Anyone?
stooH
22/01/2010 14:18:00
0
And there was me thinking Panto season was over!
Mike1954
22/01/2010 14:48:00
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