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Thread: Early payment of debt??

  1. #1
    Join Date
    Dec 2014
    Posts
    32

    Early payment of debt??

    Maybe they'd have been better off buying some players, instead ... or getting a proper manager ... both would be handy. Actually, I cannot believe how many still go down the Park to watch such dross.

  2. #2
    Join Date
    Dec 2010
    Posts
    1,132

    re: Early payment of debt??

    or maybe better going into administration again or better still cease to exist,that would be ****ing wonderfull,it would be superb not to have a team tofollow,think its better to be debt free and can handle being in league2 for a while a dam sight better than the last 5year or so

  3. #3
    Join Date
    Sep 2012
    Posts
    612

    re: Early payment of debt??

    Until we paid the debt off there were restrictions place on us by the league which affected our ability to buy players? Personally I am happy the way the club is being rebuilt off the pitch both commercially and with the training ground in Portsmouth and academy setup and if it means another season in this league stabilizing so be it. I'm just glad we still have a club and let's never forget what happened in the past, as they say you learn by your mistakes.

  4. #4
    Join Date
    Feb 2004
    Posts
    8,813

    re: Early payment of debt??

    We'll never achieve anything with the structure we've got now. We need serious money to get us moving forward and none of the people involved have got that sort of dosh. After a couple more seasons of mediocrity, gates will be down to half of what they are now and the downward spiral will inevitably pick up speed.

    We may have no debt, but we really are a micky mouse outfit in the grand scheme of things. FFS, bloody Eastleigh are only one league below us (at the moment).

  5. #5
    Join Date
    Dec 2005
    Posts
    23,243

    re: Early payment of debt??

    Most of the clubs in L1 & L2 haven't a pot to piss in so really I'm not sure what your point is. But advocating "serious money"- "been there done that look where it got us" springs to mind.

    For those not going like Jumps its all well & good sniping away but its been ok @ home-promotion form in fact.
    You'd be far better off admitting you backed the wrong horse because the fact is if the likes of jumps had had their way then the club would've folded & restarted in god knows what league with no guarantee of ever seeing league football again.
    Me I'm just pleased that some who could afford to stuck their necks above the parapet.
    Of course if i've just bit then fair play you got me, if not well consider what i've said because thems the factimundo's & no sniping will change it.

  6. #6
    Join Date
    Sep 2012
    Posts
    612

    re: Early payment of debt??

    Quote Originally Posted by bwblue
    We'll never achieve anything with the structure we've got now. We need serious money to get us moving forward and none of the people involved have got that sort of dosh. After a couple more seasons of mediocrity, gates will be down to half of what they are now and the downward spiral will inevitably pick up speed.

    We may have no debt, but we really are a micky mouse outfit in the grand scheme of things. FFS, bloody Eastleigh are only one league below us (at the moment).
    bw - it depends on how you measure achievement. In our premier years yes we enjoyed some success and won the FA cup (and yes I enjoyed it at the time)but it was done on an unsustainable budget and with a club who's foundations were built on sand or possibly built with no foundations on sand.
    Since we have been taken over by the fans there has been investment in the infrestructure( training ground, academy, upgrading the current ground) all things that should have

  7. #7
    Join Date
    Feb 2012
    Posts
    5,381

    re: Early payment of debt??

    Thankfully there's 15000 plus who realise supporting a club is about taking the bad times with the good. It's life. In the absence of a better plan we'll have to get on with it.

  8. #8
    Join Date
    May 2010
    Posts
    16,596

    re: Early payment of debt??

    Pompey Loyal would no doubt say "Half season ST's are on sale."

  9. #9
    Join Date
    Nov 2008
    Posts
    3,895

    re: Early payment of debt??

    Hear ! hear! Well said Gun

    Q - Pink Floyd

    We don't need no Large Investor
    We don't need an Intrest Loan

    Jumps/BWBlue etc ideas always advertised they had zero business acumen or nounce.

    Still to many want the quick fix cash loaded single autonomous Owner who will just take us back round full circle.

    Look at recent stories on Bury mortgaging the ground not once but twice loaded onto the ground and other hair brained fund raising schemes to bring in players on high salaries to achieve promotion with proportional increase in gates? Bury ? Can you see them getting over 6,000

    Fleetwood Town throwing money at players and unlikely to ever get near 5 figure gates. Brentford doing wonderfully well 3rd in the Championship new ground on the way and yet only just over 10,000 turn up at the last HG v the Wulfs.

    We had 7 years fat in the PL and all we had to show for it was a new roof over the ME plus all the debt and what followed. Now we are in the middle of 7 years lean under p

  10. #10
    Join Date
    Dec 2014
    Posts
    32

    re: Early payment of debt??

    ... since when has football been a business?? God knows how many TRY to run it like a business, but how many are making true, bottom line profit whilst being successful in competitive terms? Very few, which would lead me to believe that football is still mainly a philanthropic exercise ... chuck money at it and hope you don't lose too much in the pursuit of success.

    Now, a lot of you might think that success is simply having a team to support, but a lot of us hold the view that the support of competition, in other words, having the ability to compete, is a major part of the attraction. I don't know why a lot of you actually pay to go, as it'd be far cheaper just to squeeze yourself into a hideous replica shirt, and sit in the pub all afternoon with similarly attired associates, and talk about Pompey, because obviously, you don't care too much about what actually takes place on the field.

    Discuss ...

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