Vital Football

CVA, What happens if.......

CVA, What happens if.......
In the event of a Promotion back to the PL at some point over the next five years I seem to remember reading somewhere that the 20p in the increases, am I dreaming?

I hope so as depending on the increase there is a sound financial reason to stay where we are can anyone help me with the answer?

Written by MickTait.

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.

  • Click here to make your prediction: Pompey v Boro.

    Join the Vital Pompey Debate

    Trust

  • Frippy's Virtual Bookies - latest update and place your bets!

  • Writer:MickTait
    Date:Friday March 11 2011
    Time: 3:38PM

    Comments

    0
    I'd like to know what sound financial reason there would be not to be in the Premier League.
    Liquor&Poker
    11/03/2011 16:02:00
    0
    yea it definitely raises, i think is was about 25 or 30 pence if i remember right, so not much considering the extra tens of millions of pounds of income you get from tv rights etc! so no worries if we ever get back if anything we'd be far better off
    pompeym@
    11/03/2011 16:35:00
    0
    It does rise and I have the papers somewhere but not with me.

    I think from memory m@ is right at 25p and I have just found it 'if the new club qualifies for the Premier League creditors could receive a further 5p in the pound'
    eastneydave
    11/03/2011 16:43:00
    0
    Sorry I was noy meaning to question about should we be there just if roughly 20p in the pound equals 22 million if it gets raised to say 40p in the pound that would mean we owe 44 million. General quote has said it is worth 60 million if you get into the PL which then ONLY
    MickTait
    11/03/2011 16:51:00
    0
    Sorry I'll finish that which only leaves 16 million, still hopefully we will get a new owner prepared to invest
    MickTait
    11/03/2011 16:53:00
    0
    Even if it was 22m another 5p is only a 25% increase so only another 5.5m over 4 years. So no your figures are miles too high and no it wouldn't cripple us.
    Midge
    11/03/2011 19:17:00
    0
    I'm pretty sure it's a rise to 25p in the pound, this is a great return for creditors, I am looking at another business recovery ( 190mill) defect and the people there will be lucky to get 9p in the pound. The premier league money will pay off that amount and still leave the business with sufficient working capital. This is why in amongst my normal spouting off I've been saying a boing boing Pompey couple of years wouldn't go amiss. Get promoted, take the money, get relegated take the windfall, get promoted take the TV money then get relegated, the windfall derived will subsidise the club basic overheads for 5 years. This is how the Baggies have become cash rich but as they expect to be relegated then promoted they have med- low salary demands.but no debt, Pompey's CVA uplift is built on the same principal. Obviously, option 2 : discover brilliant unit and non nutty manager then get promoted stay promoted is the greatest method, however you then get forced to pick up the salary tag that goes with it. Still, model up either option, conclusion, it's more financially beneficial than staying in this league.
    russellm
    11/03/2011 21:07:00
    0
    Boing...boing....is the way to go Russ. Up and Down while scooping the cash. The Baggies have it sussed I think :-)
    cornypomp
    11/03/2011 22:06:00
    0
    Money is in the prem, the extra payments would be a drop in the ocean.
    pompeyyong
    12/03/2011 07:59:00
    0
    The flipside of the debate is whether Pompey have the resources, the talent and the ambition is go up within the next five years..
    Chix
    12/03/2011 08:59:00
    Page 1/2
    1. 1
    2. 2

    Login to post a comment

    Recent Portsmouth Articles

    Pompey Predictions League - update no.4

    The Pompey Predictions League is part of this site now isn't it. Would it be the same without out? This continued with the win against Colchester and will continue at Exeter tomorrow.

    Evans eyeing Pompey 1st team return

    Evans came through his first 90-minutes of the season when he was involved in the reserves 2-1 win over Southend. He's featured against Coventry in the League Cup too.

    Ringing the changes

    When Pompey face Exeter at St James Park tomorrow we'll do so with Paul Cook making changes to the side that beat Colchester last weekend.

    Fans favourite Colchester MotM...Exeter tomorrow

    I do not think we can deny Chaplin made an impact when he came on against Colchester but as much as I love the guy (and think he's got an awesome future) was he really the MotM?

    Archived Vital Pompey Articles

    Vital Pompey articles from

    Site Journalists

    pompeyrug
    Editor email
    Profile
    eastneydave
    Editor email
    Profile
    paultsmouth
    no email
    Profile
    Chix
    no email
    Profile

    Current Poll (see more polls)

    Exeter v Pompey?
    Suggested By: pompeyrug
    Pompey win60%
    Draw40%
    Exeter win0%
    ScoopDragon Publishing Entire League Network of Sites

    League Table

    # Team P W D L Pts. GD
    1 Morecambe 4 3 0 1 9 2
    2 Crawley 4 2 2 0 8 2
    3 Luton 4 2 1 1 7 3
    4 Leyton Orient 4 2 1 1 7 3
    5 Colchester 4 2 1 1 7 1
    6 Doncaster 4 2 1 1 7 1
    7 Mansfield 4 2 1 1 7 0
    8 Barnet 4 1 3 0 6 2
    9 Crewe 4 1 3 0 6 1
    10 Carlisle 4 1 3 0 6 1
    11 Plymouth 4 2 0 2 6 -1
    12 Blackpool 4 1 2 1 5 1
    13 Hartlepool 4 1 2 1 5 0
    14 Portsmouth 4 1 2 1 5 0
    15 Wycombe 4 1 2 1 5 0
    16 Yeovil 4 1 1 2 4 0
    17 Newport 4 1 1 2 4 -1
    18 Accrington 4 1 1 2 4 -2
    19 Notts County 4 1 1 2 4 -2
    20 Stevenage 4 1 1 2 4 -3
    21 Grimsby 4 1 0 3 3 -1
    22 Cheltenham 4 0 3 1 3 -1
    23 Exeter 4 1 0 3 3 -3
    24 Cambridge 4 0 2 2 2 -3
    Latest F1 News
    Latest Vital Boxing News

    Recent Portsmouth Results (view all)

    Portsmouth Fixtures (view all)

    Vital Members League Table

    RankNamePoints
    1.pompeyrug143
    2.PompeyFrippy34
    3.storagematt31
    4.FrattonBlue27
    5.Copnor4322
    6.mslorna4816
    7.eastneydave15
    8.uspompeyfan15
    9.Dentoblue12
    10.Jimsmithswig8