Pay Up Pompey,Pompey Pay Up!

[tans]

If they take over

[Simon Pieman]

I wonder if English football will get to witness the return of Ibon Arrieta.

[Power to people]

He reckons they should exit administration in 6-8 weeks - that hopeful's surely

[suttonred]

Sounds like he's been reading back through his "How i saved Swindon" notes. I would imagine there are lots of words crossed out, so he can't read them properly.

[jonny72]

Have they figured out exactly how much is owed and to who? I imagine HMRC will be blocking the CVA if they can, which would cause a major delay, so it will come down to whether HMRC have 25% of the debt or can get other creditors to support them.

[jonny72]

The 9 point deduction has just been confirmed by the Premier League.

[pauld]

I would imagine that the only reason HMRC have backed down is because they knew they wouldn't win.

Seems not - they've got what they wanted from it, and are maintaining a high-line aggressive stance:

http://www.bbc.co.uk/blogs/mattslater/2010/03/taxman_beats_tactical_retreat.html

[ahounsell]

Seems not - they've got what they wanted from it, and are maintaining a high-line aggressive stance:

http://www.bbc.co.uk/blogs/mattslater/2010/03/taxman_beats_tactical_retreat.html

Sadly I can only see one outcome here, eventually HMRC are going to force Portsmouth out of business altogether. They've had enough of being owed money by football clubs and they want to make an example out of one or more and Portsmouth are the highest profile and biggest defaulters at the moment.

Even if our favourite administrator manages to do a deal with the existing creditors, its highly likely that fresh tax debts will continue to build up which will no doubt bring another winding up petition from HMRC.

It also seems they are determined to scrutinise the conduct of the administration and if it isnt done strictly by the book they will challenge its legality.

Going by Andronikou`s record at STFC, that is not good news for Portsmouth.

[pauld]

It also seems they are determined to scrutinise the conduct of the administration and if it isnt done strictly by the book they will challenge its legality.

Going by Andronikou`s record at STFC, that is not good news for Portsmouth.

Bizarrely, I think that's Portsmouth's best hope for him doing things straight tbh - he knows he's going to be under a massive amount of scrutiny on this one, legally and from the media, and we know he doesn't like any kind of scrutiny whatever. So if he doesn't play it absolutely straight down the line, he's really taking a huge risk. He can't afford NOT to play this straight down the line, unless his God complex overrides any kind of common sense whatever

[Power to people]

He is loving the limelight he always did I really can't seem him doing this by the book, I'd be shocked if he did

[pauld]

He is loving the limelight he always did I really can't seem him doing this by the book, I'd be shocked if he did

There's a world of difference between being in the limelight and being under scrutiny. He loved the limelight when he was here, it was when he started to be questioned he went a bit "off". But in this instance, leaving aside any media scrutiny (and there will be that), just the in your face stance HMRC have taken should be enough to warn anyone involved they'd be mad to try and pull any fast ones. Andronikou may be many things, but he's not stupid.

[Talk Talk]

Andronikou may be many things, but he's not stupid.

What "things" is he then? Can we compile a list?

[DMR]

The 9 point deduction has just been confirmed by the Premier League.

"Football should be decided on the pitch" says Grant... now I'm no expert but I'm pretty sure you were on your way down anyway Avram!

[axs]

What "things" is he then? Can we compile a list?

Balding

[pauld]

What "things" is he then? Can we compile a list?

Attractive
Dynamic
Eloquent
Well dressed
Not in least bit litigious