Pay Up Pompey,Pompey Pay Up!

[DiV]

you play the best team available to you.

[pauld]

Oh dear

http://www.dailymail.co.uk/sport/football/article-1261261/Portsmouth-hit-new-tax-evasion-claim.html?ITO=1490

Oh dear, oh dear

newsoftheworld.co.uk/sport/765593/Pompey-consultant-facing-arrest-as-cops-investigate-Eyal-deal.html

[RobertT]

Wouldn't a club guilty of tax evasion be staring a demotion in the eyes?

[pauld]

Wouldn't a club guilty of tax evasion be staring a demotion in the eyes?

Only if it starts with an "S" and is based in Wiltshire and isn't Salisbury. Or Supermarine

[reeves4england]

Only if it starts with an "S" and is based in Wiltshire and isn't Salisbury. Or Supermarine

[pauld]

Oh dear, oh dear (again). Seems Mr Andronikou's spiffing plan to do yet another "flip admin" and keep Chainrai in charge (after wiping out the bulk of the debt via a CVA supervised by the best man for the job, natch) has "set alarm bells ringing" at both the Prem and FL:

http://www.timesonline.co.uk/tol/sport/football/premier_league/portsmouth/article7079556.ece

But why should that be? After all, Andronikou has said Chainrai "ticks all the boxes" and Mr Andronikou comes with the personal recommendation of no less a business brain than Bob Holt - if he says someone ticks all the boxes, then that's surely a far higher test than any niggly little Fit and Proper Persons Test.

[reeves4england]

Oh dear, oh dear (again). Seems Mr Andronikou's spiffing plan to do yet another "flip admin" and keep Chainrai in charge (after wiping out the bulk of the debt via a CVA supervised by the best man for the job, natch) has "set alarm bells ringing" at both the Prem and FL:

http://www.timesonline.co.uk/tol/sport/football/premier_league/portsmouth/article7079556.ece

But why should that be? After all, Andronikou has said Chainrai "ticks all the boxes" and Mr Andronikou comes with the personal recommendation of no less a business brain than Bob Holt - if he says someone ticks all the boxes, then that's surely a far higher test than any niggly little Fit and Proper Persons Test.

Ticking boxes is a bit like buying a house...

[Power to people]

Sounds like Simon Jordan at Palace was trying to sell the family silver and then rent it back and hope it turned into Gold

http://www.skysports.com/story/0,19528,11688_6061442,00.html

How many dodgy owners are there that will do anything to retain control

[pauld]

Seems like Andronikou is winning hearts and minds as ever, Pompey fans furious he's backpedalled on the promise of a "forensic investigation" into Pompey's accounts as a "top priority"

SOS POMPEY!
Portsmouth Fans United For Their Club

Pompey fans demand independent inquiry into Pompey finances

“NO STITCH UP, NO TO CHANRAI!”

SOS Pompey wishes to express their utter disbelief at Administrator Andrew Andronikou's claim that the clubs debts are now at £100m. How can the debts now be £40m higher than the original estimate when, by the administrators own admission no investigation has begun? Just three days earlier his co-administrator Michael Kiely told fans the debts were £78m. Where did £22m debt come from in 3 days?

Peter Storrie’s latest admission that he suspected Pompey’s funding came from fugitive criminal and money launderer Arkadi Gaydamak directly contradicts what he said at the time. Storrie has NO PLACE at Portsmouth Football Club. The administrators should dispense with his services immediately. His presence at the Football Club while ex-employees are signing on the dole is yet another stain on our club. Shame on you Mr Storrie, shame on you.

Mr Andronikou has talked up the possibility of Balram Chainrai remaining as the owner because he “ticks all the boxes”. This is nonsense – he has not passed the Fit and Proper Persons Test and fans polls show up to 85% would boycott the club if he remained in charge. Most of all, the Premier League, the fans of Pompey, the whole world want him to explain his links to the shadowy clique who really ran Pompey behind the flimsy cover of Ali Al Faraj, a clique he has known and done business with since well before his involvement with Pompey.

We want to know how fraudster Danny Azougy was allowed to run the club for four months, who appointed him, who he worked with and what he did.

The failure to even start an investigation into the clubs finances at a time when newspapers are full of allegations of all kinds of impropriety is a scandal.

We will not stop until we get answers. We demand a full, independent investigation into all financial transactions at Pompey over the last four years.

“NO HIDING PLACE FOR THE PEOPLE WHO RUINED POMPEY!”


Ends

[Power to people]

Pffft mere turnstile fodder - fan's have no place in Andronikou's little world

[reeves4england]

Busybodies

[pauld]

More shenannigans. Guardian have broken cover on the asset-stripping rumours circulating among Pompey fans:

http://www.guardian.co.uk/football/2010/apr/02/portsmouth-balram-chainrai-administration

which Chainrai denies, but looks like the dodgy links cited in the Guardian article are only the half of it, judging from the Pompey fans' reactions:

http://www.fansonline.net/portsmouth/mb/view.php?id=255602

Meanwhile seems our old friend has been dragging his feet on letting a consortium bidding for the club enter due diligence (sound familiar):
http://www.guardian.co.uk/football/2010/apr/01/portsmouth-rob-lloyd-consortium-andronikou

[flammableBen]

All you busybodies are going to look well silly when androniwassit sorts out a situation which is brilliant for both the club and fans.

[pauld]

All you busybodies are going to look well silly when androniwassit sorts out a situation which is brilliant for both the club and fans.

Just like he did at Swindon, as he keeps telling everyone. I hope he does this time, if only for the Pompey fans' sake.

[pauld]

Interesting couple of days for Pompey - relegated today, FA Cup Semi tomorrow which half a dozen of their players can play in but then can't play for Portsmouth again if they do (due to contract terms stating they're due extra payments/contract extensions if they do). So we'll find out which of them really rate playing football over money. Smart move by Andronikou that - waive your contract rights or you don't play again, if they reach the final, you'd reckon they'd all waive their contract rights as they won't be getting the money anyway so they may as well have the glory.

And in what surely must demonstrate at least a delicious sense of irony, they've announced the FA's head of compliance and integrity will be their new Chief Exec when they come out of admin. Wonder what he'll find when he takes up his post (and how much he already knows)