Portsmouth - Why I am putting up 100 for fans' buyout
UK time is: 00:53:31
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Why I am putting up 100 for fans' buyout

I have been critical of the trust, but I'm going to support the buyout efforts, and this is why.

1. The club is worth saving. It is so very important to me & thousands of others. We should never lose sight of this point. This should be point 1 to 10 in my view.

2. I still have questions as to whether this will work, but by putting up 100, I can still walk away if I am not happy & only lose 2.50.

3. The Trust are amateurs. However, the club would be run by professionals - not the Trust. So Ken Malley won't be the fitness coach, nor will Jo Collins be the Manager. The hope is that Appy will stay as manager & people with experience in football will be brought in.

4. Although day-to-day decisions (e.g. Who to sign, how many pies to stock for half-time, etc.) will be left to the Exec board, the fans, i.e. The shareholders, will have the final say over big decisions, e.g. Whether to redevelop Fratton Park, etc. Exactly which decisions will go to the shareholders is yet to be decided, but currently we have NO say, but under this model we would have some. If we are unhappy with the board, we can vote them out at the AGM.

5. Even if the fans only get a 20% interest alongside a benefactor, we will have sight of the workings of the club. I.e. We will get to see what the finances look like before it is too late. Currently we have to wait for the Statutory Accounts to be filed, up to 9 months after the end of the year.

6. Milan Mandaric took 21m out of the club when he sold up. Gaydamak has bled the club dry with interest payments. All of this money would stay in the club under a fans model.

SO there are plenty of reasons to give it a chance. It may not work, but it is worth risking 2.50 to see if we, as fans, can do this.

There is currently c.1m in the pot which is much more than I thought we would get.

I say don't hold back. We don't have long. If you can afford 1,000 (I personally don't advocate fans taking finance for this) or can by clubbing together with mates, then give it a shot. You can pull out if you don't like what they come up with once they put their business plan together. I may well do that, but you've got to be in it to win it at this stage.

Written by Pompeytim and initially posted in the forum - click here.

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: Forest v Pompey.

Join the Vital Pompey Debate

Vital Pompey on: facebook Vital Pompey on: twitter

Join the Vital Pompey Forum Debate

Frippy's Virtual Bookies - here.
The Journalist

Writer: Pompeytim Mail feedback, articles or suggestions

Date:Wednesday April 25 2012

Time: 3:19PM

Your Comments (oldest first)

Change to most recent first
Mirrors the reason why I too put my money where my mouth is!!
Report Abuse
25/04/2012 19:19:00


Have Your Say

Log in...
with your social network     OR     with your Vital account
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. pompeyrug 111
2. storagematt 52
3. Et_tu_Pompeii 40
4. Copnor43 24
5. FrattonBlue 24
6. Pompeytim 22
7. pompeyweller 18
8. mslorna48 13
9. Emsworthianblue 12
10. Jimsmithswig 10

League Results (view all)

League Table (view table)

Team P W D L GD Pts
2. Plymouth 20 12 4 4 14 40
3. Northampton 20 12 4 4 10 40
4. Accrington 19 10 5 4 12 35
5. Portsmouth 20 8 10 2 15 34
6. Carlisle 20 9 6 5 2 33
7. Mansfield 20 9 5 6 10 32
8. Leyton Orient 20 8 7 5 5 31

Portsmouth Fixtures (view all)

Breaking League News

Wash out for City Ladies
York : 29/11/2015 21:48:00
League 2 - Northampton 2-0 Yeovil
Northampton : 29/11/2015 17:47:00
League 2 - Carlisle 3-1 Crawley
Carlisle : 29/11/2015 17:42:00
Match Day Officials v Dagenham
Morecambe : 29/11/2015 17:37:01
League 2 - Barnet 1-3 Mansfield
Barnet : 29/11/2015 17:36:00

Current Site Poll (view all polls)

Wycombe MotM
Suggested By:  VitalPompey
Murphy 1%
Davies 0%
Burgess 0%
Webster 33%
Stevens 33%
Doyle 0%
Hollands 0%
McGurk 0%
McNulty 33%
Bennett 0%
Lavery 0%
Sub:-Barton 0%
Sub:-Evans 0%
Sub:-Tollitt 0%