Pay Up Pompey,Pompey Pay Up!

[ghanimah]

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)

Maybe I've misread this due to copious Stellas but that seems to be a PaulD post in praising Andronikou shocker. I think I need a lie down or is just a case of the broken watch analogy etc

[pauld]

Credit where credit's due, I always say. He was, shall we say, sub-optimal when he was at Swindon, and he appears to have something of a history of treating the rule book in a somewhat cavalier fashion but I assume you don't get to be a senior partner in UHY without having some smarts about you. But then looking smart when you're following on from Storrie isn't a high bar and it remains to be seen whether he'll do right by the club over the whole piece

[ghanimah]

Fair enough, I agree he's played a blinder here, it will be interesting to see how the Portsmouth players react.

Probably, like in all walks of life, the extra (media) scrutiny has forced him to follow the rule book occasionally.

[reeves4england]

Credit where credit's due, I always say. He was, shall we say, sub-optimal when he was at Swindon, and he appears to have something of a history of treating the rule book in a somewhat cavalier fashion but I assume you don't get to be a senior partner in UHY without having some smarts about you. But then looking smart when you're following on from Storrie isn't a high bar and it remains to be seen whether he'll do right by the club over the whole piece

But surely his job isn't to do right by the club, but to do right by the creditors?

[pauld]

But surely his job isn't to do right by the club, but to do right by the creditors?

Yes it is. But he has a track record of doing right by the people who got the business in the shit in the first place, with the creditors a poor second. When he was here, he pissed a lot of creditors off but constantly used the "get-out" line of arguing that his job was to save the business because otherwise they'd get nothing. Which is correct, but the "shut up or you won't see a penny" stuff didn't endear him to creditors. What a lot of Pompey fans are looking for is whether Pompey come out of admin under a new regime which can run the club and pay out the creditors or whether he does his standard route of wiping out large chunks of debts owed to creditors via a CVA and turns it straight back over to Chainrai who's heavily implicated in the murky shenannigans that got them where they are.

[Sippo]

Did well today in the semi's, deserved it. Fair play to 'em.

[pauld]

Bloody hell! Chuffed for them

Relegated and won a place in the Cup Final in the same weekend - that doesn't happen too often

[Arriba]

that pitch was awful,but fair play to pompey

[THE FLASH]

Pissed myself....

Another season of nothing by the 'biggest team' in London.

I hope Fulham win the Europa cup and make them the third best team in the Capital.

[Summerof69]

Ironically, Pompey cannot play in Europe next season despite now qualifying for the UEFA/Europa League Cup as they didn't put the relevant paperwork into UEFA due to their financial problems.

The FA will probably name the next highest Prem team in their place, bit if Fulham win the UEFA Europa League Cup, they should name them in Pompeys place.

Regarding the naming of the new CEO once they come out of admin, shouldn't he be appointed by the new owners, assuming a CVA is passed, or is this  'done deal'?

[jonny72]

The FA will probably name the next highest Prem team in their place, bit if Fulham win the UEFA Europa League Cup, they should name them in Pompeys place.

It's not up to the FA anymore, it's decided by UEFA and written in the rule book. As Chelsea will be in the Champions League the FA Cup place will go to the next highest Premier League team. The Europa League winners automatically qualify.

Pretty certain that whilst the FA Cup runners up qualify for the Europa League if the winners qualify for the Champions League, the same isn't true of the League Cup - the place would go to the Premier League instead.

[pauld]

Regarding the naming of the new CEO once they come out of admin, shouldn't he be appointed by the new owners, assuming a CVA is passed, or is this  'done deal'?

You're assuming there will be new owners.

[Summerof69]

I see Pompey have now retrospectively applied for a European Club Licence via the FA.

[pauld]

There's a good summary piece on where things sit now on twohundredpercent. It's not wildly complimentary about Andy the Admin, I'm afraid

http://www.twohundredpercent.net/?p=5015

[Summerof69]

The longer the Pompey saga drags on, the more and more it looks like Ali Al-Faraj, is similarly like Munto Finance...both passed the F&PPT, and it looks like neither existed in the first place.