PlayItLivo Posted October 22, 2010 Share Posted October 22, 2010 (edited) danroan Lawyer for Portsmouth FC owner in waiting Balram Chainrai says "likely the club will now be closed down and liquidated by administrators" http://www.portsmouthfc.co.uk/LatestNews/n...pardy-1522.aspx Edited October 22, 2010 by PlayItLivo Quote Link to comment Share on other sites More sharing options...
opinions4u Posted October 22, 2010 Share Posted October 22, 2010 (edited) Am I allowed to say ... "GOOD"? http://news.bbc.co.uk/sport1/hi/football/t...uth/9120108.stm Edited October 22, 2010 by opinions4u Quote Link to comment Share on other sites More sharing options...
pukka Posted October 22, 2010 Share Posted October 22, 2010 Football has needed this. But Its a a shame for their fans. Quote Link to comment Share on other sites More sharing options...
garcon Posted October 22, 2010 Share Posted October 22, 2010 Am I allowed to say ... "GOOD"? I don't care whether I'm "allowed" to. Good. Quote Link to comment Share on other sites More sharing options...
fleetwood Blue Posted October 22, 2010 Share Posted October 22, 2010 Get used to it guys, a few more will fold in the next year or so Quote Link to comment Share on other sites More sharing options...
GlossopLatic Posted October 22, 2010 Share Posted October 22, 2010 Portsmouth won't go bust Quote Link to comment Share on other sites More sharing options...
pukka Posted October 22, 2010 Share Posted October 22, 2010 If you read the statement its obviously just a stunt to round up support and put pressure on Gaydemack (sp). I bet a deal is reached by this time next week. Quote Link to comment Share on other sites More sharing options...
garcon Posted October 22, 2010 Share Posted October 22, 2010 Undoubtedly. But one day a club will cry wolf and nobody will listen. And that's when the house of cards starts to fall. Quote Link to comment Share on other sites More sharing options...
Oafc88 Posted October 22, 2010 Share Posted October 22, 2010 Undoubtedly. But one day a club will cry wolf and nobody will listen. And that's when the house of cards starts to fall. +1 Only a number of more times this can happen (if not this time) that a certain obstacle to keeping a club afloat won't be cleared and then all of sudden a number of more clubs will start to tumble! I hope the club goes under for football to wake up and realise that a club can't go about their business in the way Pompey have an get away with it. Hopefully bring in stricter rules governing footy finance (though for some reson ifear this wouldnt happen anyway, not til a big team goes under) I dont hope the club goes under for the fans however. Sad day for football if this all comes about! Quote Link to comment Share on other sites More sharing options...
pukka Posted October 22, 2010 Share Posted October 22, 2010 I agree - I just think at this time they wont go bust. Itll be someone with fewer supporters....... .. .... (latics) Quote Link to comment Share on other sites More sharing options...
GlossopLatic Posted October 22, 2010 Share Posted October 22, 2010 +1 Only a number of more times this can happen (if not this time) that a certain obstacle to keeping a club afloat won't be cleared and then all of sudden a number of more clubs will start to tumble! I hope the club goes under for football to wake up and realise that a club can't go about their business in the way Pompey have an get away with it. Hopefully bring in stricter rules governing footy finance (though for some reson ifear this wouldnt happen anyway, not til a big team goes under) I dont hope the club goes under for the fans however. Sad day for football if this all comes about! Football clubs have been running themselves like this for 100 years and will continue to do so unless laws change the only person preventing Portsmouth coming out of administration is the former owner who wants more of the money he is owed back. If you are stupid enough to lend a football club money then you deserve to lose it in reality. Quote Link to comment Share on other sites More sharing options...
Oafc88 Posted October 22, 2010 Share Posted October 22, 2010 Football clubs have been running themselves like this for 100 years and will continue to do so unless laws change the only person preventing Portsmouth coming out of administration is the former owner who wants more of the money he is owed back. If you are stupid enough to lend a football club money then you deserve to lose it in reality. True. Im thinking does the owner get diddly squat if he decides to not sign over the club and they get liquidated compared to now where he'll get something if he signs over (maybe not the amount of money he wants)? is it possible he's doing this hoping for an increase in pay? If not it seems madness to not sign over before its too late as he wont get out. Unless he wants to cut off his nose to spite his face. Quote Link to comment Share on other sites More sharing options...
mikejh45 Posted October 22, 2010 Share Posted October 22, 2010 Have they got any strikers we can get on the cheap? Quote Link to comment Share on other sites More sharing options...
boboafc Posted October 22, 2010 Share Posted October 22, 2010 Football has needed this. But Its a a shame for their fans. here is one fan who will be crying John Anthony Portsmouth Football Club Westwood Quote Link to comment Share on other sites More sharing options...
rosa Posted October 22, 2010 Share Posted October 22, 2010 I agree - I just think at this time they wont go bust. Itll be someone with fewer supporters....... .. .... (latics) Exactly what i was thinking. I agree that football clubs can't carry on the way they are, but it's still far more likely that it'll be a smaller lower league club, who don't have that big a fan base and whose attendances are nowhere near high enough to sustain the club, and who aren't a big enough name to attract investment, that'll go to the wall. ie someone exactly like us. Careful what you wish for. I wouldn't wish what's happening to Portsmouth on anyone. I still think they'll survive, it sounds like their administrators are trying to call Gaydamak's bluff. Quote Link to comment Share on other sites More sharing options...
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