Yes with the added benefit that it is not subject to 50% Tax.
Its essentially so that Ben Haim gives permission for Pompey to use his ''image'' (I.E You can't put a picture of John Terry on Cillit Bang without his permission) and in return he gets more dosh. No idea how the tax works but...
My badly written point was around the fact that Chainrai’s debt has gone up (potentially doubled) but I’d bet a mars bar with anyone that he has only taken money out since the last admin. Its even been questioned if the £14.2 million was real in the first place let alone the £20+
Some Pompey...
Interesting. So Chainrai is owed 14.2 million but this has swelled to £17, £20 or £29 mill depending on which figures you believe since they have come out of admin. I even read on Sky sports comments where Pompey fans thought it was a 'Good thing' that Chainrai wants them out of Admininstration...
The 17 million coincidence / giveaway appears to be that it is the same value that he was sueing Arcady for at the same time. The rest is joining the dots from what i've read around today - the accuracy of which is must be up for debate (its the internet after all)
Where Antonov fits in (he...
Bit bored today. This is the simplest I can explain it from what I’ve read in an effort to make sense of it all. I get the gist of NAN’s post the other day about where the money came from for the cup win.
July 2006 – Milan Mandaric sells his remaining 50% stake in Portsmouth to ‘Sasha’...
I've been down that way a few times and I must say it doesnt' strike me as Sandbanks land values to say the least.
I am now officially confused about where the money is going. Must be that bottle of red last night.
Although this is most amusing one on the comments
As a resident of Portsmouth, I would very much like to see the club gone. The town is a traffic stand still when they play at home; and the vile, loud mouth supporters seems to believe behaving like animals after every game is justified.
I...
The parachute money has to go to Chanrai who according to the Tory Graph is owed £29 mill. I'll repeat. £29 million. Pounds.
If he really is owed £29 mill, do any of our resident pompey experts know how much of this is wonga.com style interest rates?
Portsmouth may fold before the end of...