BBC Sport - Football - Portsmouth deny administration rumours
About from James and The Prince I cant see who they could sell really?
About from James and The Prince I cant see who they could sell really?
Portsmouth are proper fcuked!
- Thread starter Kinky Gerbil
- Start date
Got something to say or just want fewer pesky ads? Join us... 😊
D
Deleted member 2719
Guest
No surprise with Redknapp and storrie being there in the past don't they always leave a trail of destruction behind them beware spurs!
So if Palarse and Pompey went we could clean up and fill Falmer twice over.
So if Palarse and Pompey went we could clean up and fill Falmer twice over.
adrian29uk
New member
- Sep 10, 2003
- 3,389
I wonder if these billionaires are falling out of love with the premiership, or if they don't have names like Chelsea, Arsenal, Man Utd or Manchester City available to buy they are not interested.
Why would someone promise millions for Portsmouth and then not bother? Do you think the name of the club has something to do with it.
I don't feel sorry whatsoever, and if a foreign investor came to the Albion offering Millions I hope we would all say No.
Nearly every single club that has been taken over by foreign investors has had trouble in one form or another. The only one that comes to mind that have not had any issues are Chelsea, because he has put his money where his mouth is and stuck to it.
Why would someone promise millions for Portsmouth and then not bother? Do you think the name of the club has something to do with it.
I don't feel sorry whatsoever, and if a foreign investor came to the Albion offering Millions I hope we would all say No.
Nearly every single club that has been taken over by foreign investors has had trouble in one form or another. The only one that comes to mind that have not had any issues are Chelsea, because he has put his money where his mouth is and stuck to it.
So far.
As I understand it, the money is all in the forms of loans which could be called in at any time, if he got bored with his plaything.
I know! Palace and Portsmouth in trouble; Happy Christmas everybody!
adrian29uk
New member
- Sep 10, 2003
- 3,389
At least TBloom is local and loves the club. These foreign investors just buy these clubs to play with and when they get bored they throw it away and buy a new toy. We must ensure the Albion never gets in to this situation.
Last edited:
Dave the OAP
Well-known member
But therein lies the problem. Supposedly Abramovitch loves Chelsea, however when he walks away someone will have to take on the loans. It is exactly the same with Tony Bloom
Whether we like it or not, he has invested personally money into the club to build the stadium and fund the club ( Yes there are other directors and shareholders who have put in money, but proportionally much less) If he at sometime in the future decides to walk away, which no-one knows when, he will expect to sell the stadium ( I am 100% sure he is not doing this out of some charitee goodwill) at that time, we will have to find a very rich buyer.
At the mean time, its up to us to sit back and enjoy the ride for as long its going to last!!!
Happy days are here again, doobie doobie doo...
But therein lies the problem. Supposedly Abramovitch loves Chelsea, however when he walks away someone will have to take on the loans. It is exactly the same with Tony Bloom
Whether we like it or not, he has invested personally money into the club to build the stadium and fund the club ( Yes there are other directors and shareholders who have put in money, but proportionally much less) If he at sometime in the future decides to walk away, which no-one knows when, he will expect to sell the stadium ( I am 100% sure he is not doing this out of some charitee goodwill) at that time, we will have to find a very rich buyer.
At the mean time, its up to us to sit back and enjoy the ride for as long its going to last!!!
But the best bit is that we won't have to find another very rich owner, he will. The team and club will exist in one form or another for a very long time. Any prospective buyer will always want a team to play in that stadium rather than it stand empty.
Stumpy Tim
Well-known member
But therein lies the problem. Supposedly Abramovitch loves Chelsea, however when he walks away someone will have to take on the loans. It is exactly the same with Tony Bloom
Whether we like it or not, he has invested personally money into the club to build the stadium and fund the club ( Yes there are other directors and shareholders who have put in money, but proportionally much less) If he at sometime in the future decides to walk away, which no-one knows when, he will expect to sell the stadium ( I am 100% sure he is not doing this out of some charitee goodwill) at that time, we will have to find a very rich buyer.
At the mean time, its up to us to sit back and enjoy the ride for as long its going to last!!!
I thought Bloom didn't loan the Albion anything - it will all be transferred to shares in 2023. That's different to the Chelsea situation.
In terms of examples of successful foreign takeovers, Man Utd haven't done too badly since the Glaziers took over
Father Jack
New member
- Aug 21, 2005
- 1,708
But therein lies the problem. Supposedly Abramovitch loves Chelsea, however when he walks away someone will have to take on the loans. It is exactly the same with Tony Bloom
Whether we like it or not, he has invested personally money into the club to build the stadium and fund the club ( Yes there are other directors and shareholders who have put in money, but proportionally much less) If he at sometime in the future decides to walk away, which no-one knows when, he will expect to sell the stadium ( I am 100% sure he is not doing this out of some charitee goodwill) at that time, we will have to find a very rich buyer.
At the mean time, its up to us to sit back and enjoy the ride for as long its going to last!!!
TB isn't a creditor though if the club were to come into trouble the money it owes would not include the money TB has put into the club. The problem of selling it would be his problem alone as the only way he could get the money back is to sell too a rich investor. If TB ever had money trouble the club would still run as it does not owe him money as such. The likelyhood is i would imagine that if he were ever to sell he may keep a majority of the shares and float the rest on the stock markets. The average share price were we to be in the championship or higher would be worth more than we bought it for. The club or at least the way i see it is one of the most financially secure in the football world not just in our league. And that is all thanks to TB.
Mendoza
NSC's Most Stalked
maybe Munto Finance will come calling 
sten_super
Brain Surgeon
Bloom did loan the Albion money, but as you say, it is convertible to shares when the terms expire. So theoretically the club could pay back the money he has lent us (say if we were in the Premiership). However, much more likely is that he won't take a penny out of the club, and will simply take the share options.
Walkers Cajun Squirrel
New member
- Mar 13, 2008
- 1,101
Man City? Not the first time with that Thai bloke. But this time round.
SULLY COULDNT SHOOT
Loyal2Family+Albion!
keaton
Big heart, hot blood and balls. Big balls
- Nov 18, 2004
- 10,235
As a Spurs fan are you not all worried?
Harry's old Clubs: Portsmouth, Southampton, West Ham, Bournemouth
Cheeky Monkey
Well-known member
- Jul 17, 2003
- 24,005
It's a result all round with Pompey and Palace up shit street. Hopefully THFC can go the same way (sorry Kinky but they are a club supported by wankers) and it's looking good with the current lack of available funds for transfers.
Dick Knights Mumm
Take me Home Falmer Road
Hey Cheeky. Football etiquette demands you say "no offence intended".
And Granny - TB is like a proper supporter of the Club. There is a massive difference between that and money-men moving in on a club.