So the white knight trots in upon
his trusty stead once more to rally his troops at a time of need. As the race
reaches its final juncture here we have the man for all seasons. I call him
that because so far the choice of chairman elect from the Portsmouth Supporters Trust
Iain McInnes seems to pop his head above the parapet and into the public
spotlight when the seasons change. So far we’ve had summer and autumn so on
this form we can expect him to re-appear sometime during the cold harsh winter
months.
Over the years there have been
some rising and notable speeches to rally the cause and some of the best known
and loved have been uttered by the mouth of the late, great Sir Winston
Churchill. What he would have made of McInnes rallying cry of ‘You can’t shake
hands with a clenched fist’ is anyone’s business I guess. Aimed at Mr Balram
Chanrai in a defiant gesture on behalf of the Supporters Trust bid he fronts
sadly the fact remains that he will have to unfold said fist and shake on a
deal for Fratton Park with the very same man if they gain control of Fratton
Park. The possibility remains that as stated by McInnes earlier that this will
come through the likelihood of litigation of which we understand the Trust now
has a separate established contingency for. Their offer of £2.75 million made
payable I understand over the course of three years is let’s face it some way
off the mark of the sort of money that Balram Chanrai is looking to recoup from
the club and there will be a large question mark that hangs over the offer in
very much the same way that The Trust’s pot of £2 million would have ever been
able to reach a compromise deal with the remaining players to stave off the genuine
threat of liquidation. Whilst it’s all very well saying that the Trust had this
figure in mind, the simple fact that the end compromise reached by Trevor Birch
was £8.6 million in total suggests that being £6.6 million away shows the real
likelihood that any agreements proposed to players would have been rejected
totally out of hand.
Perhaps these two key elements
are probably some of the strongest indications of why so far even the best
intentions in the world aren’t exactly delivering the right answers as the
Trust look to take over the club ahead of Balram Chanrai’s Portpin. The most
basic element and fact in the equation right now is that despite all that has
been written about what is wrong with Portpin’s bid that at present the Trust
haven’t been given preferred bidder status. So why isn’t the Trust bid out in
front leading the way? Why haven’t they been given the golden ticket also known
as the preferred bidder status?
Now the Trust like to state in
some way shape or form that their bid is based on the fact that they are Pompey
fans. Now this may just be a rumour at the moment, but it’s worth mentioning
until it’s been disproven that the property developer Stuart Robinson is
allegedly a Southampton fan. Now if that is proved to be the case then the
largest part of funding from the Trust point of view believed to be in the
region of £3 million pounds isn’t from a fan at all. I for one would hope for
very swift clarification on the matter of whether there is truth behind this.
Of course it shouldn’t really matter who an investor supports if he’s willing
to help finance a bid but it would raise certain question marks of just what he
intends to gain in the long term if he isn’t actually a Pompey fan. Forgive me
if I’m wrong but I don’t really envisage any Southampton fan let alone one who’s
occupation is that of a Property Developer to be financing the bulk of a deal
out of the kindness of his heart.
Following on from the notion of a
bid from the fans it remains the case that the total number of pledges is
believed to be around the 2,000 mark in total despite the Trusts best efforts
so far. The Trust have been heard to quote on Express FM that they hope to
convert around 75% of those pledges yet the Football League have based their
calculations on a figure of 50%. When the original requests for pledges were
made the figure requested as we know was £1,000. As time went on a new system
was put in place whereby fans could group together their pledges to reach the
£1,000 total making it easier for them to show their support especially when
times are hard financially for a lot of us. I believe that there is even a loan
scheme of some description which would enable you to borrow the money for the
pledge and pay it back over a period of time as mentioned the other week on
Express FM but if I did imagine that part then I do apologise. So even with a
scheme that I either made up or does indeed exist and the ability to pull
together money to reach the pledge total, the total number of pledges still
only reaches around the quarter mark of the total number of season ticket
holders there are for this season at Fratton Park.
Whilst I haven’t seen the updated
figure of the number of people who’d signed the petition stating that they didn’t
want Portpin to own the club again today, the last figure I saw yesterday was
2,600 which still remains at 32.5% of the total number of season ticket holders
the club currently has. I expect that number will rise by the end of the week
but it’s worth noting that adding your name to this signature doesn’t cost you
anything at all and it’s not currently anywhere near the number of season
ticket holders that the club has. Pompey’s
average home attendance for last season whilst down 5% year on year was still
14,865 with the highest attendance of the season coming unsurprisingly against
arch rivals Southampton when the attendance totalled 19,879. Failing to sell
out the ground for the derby match is a massive thing especially when the
fixture was played so close to Christmas time. I’m not saying this just to add
flavour to what I’ve written but there’s a real big danger that if fans avoided
going to see the derby game in the Championship last season, then the Trust may
have quite a shock on their hands at the end total of people who go through
with their pledge if asked to do so, so close to Christmas time. That’s the
sort of statement that usually requires the fact that the opinions in this blog
are solely mine so I’ll be sure not to miss that part out when I finish this
blog.
In my most recent blogs I
mentioned the fact that Mr Iain McInnes has during his time as a businessman
seen 14 of his businesses dissolved and 1 placed into liquidation and
questioned whether he was the right choice of person to hold the position of
Chairman elect at Portsmouth FC. Now it was widely alleged through the business
grapevine that investments into the Trust of over £100,000 would be met with
positions within the company and if true it’s not hard to suspect that McInnes
was given the position of Chairman elect on the same basis. Now I say alleged for
obvious reasons but let’s face it there generally isn’t smoke without fire. It’s
interesting to note that other allegations include the offer of the role of
Press Officer to the Portsmouth Evening News’ Chief Sports Writer Neil Allen which
if proved to be the case would most likely account for the large support that
Neil has given to the Trust via his Twitter account, in articles written in The
News and in person on Express FM and also a less than favourable account when
it comes to Portpin. As I say these are just allegations that have found themselves
being widely discussed so probably best to put them into public attention for
verification from those at whom they have been aimed because that’s a fair
thing to do isn’t it? If people are asking questions then surely it’s best to
have them answered and nipped in the bud if they’re not true than let rumours
continue to build and gain moment because let’s face it once they’re in full
swing it’s quite hard to stop them.
One question I did ask today
however was the involvement of Mr Iain McInnes during the reign of Terry
Venables. Mr McInnes had gone on record as stating that Mr Venables had offered
him the chance to become a Director at Portsmouth FC which he decided to turn
down. Not quite how I’m lead to believe things actually unfolded and that
perhaps he would like to recall the events of what transpired in front of one
of the other Directors that made up part of the board at the same time and see
if their two claims match up. It’s alleged from the answers given today that
the offer of the Directorship came in return for the purchase of Mathias
Svensson for the club and didn’t come from Venables but one of the Directors at
the time and whilst I won’t go into details about what occurred, it's alleged that McInnes didn’t
turn down the offer of Director, and that shall we say the offer didn’t materialise for
him as perhaps was suggested that it might have done. On top of this which I’m
pretty sure McInnes also alluded to mention during his last press conference
given before today that he allegedly also benefited financially from the deal.
This is a man who today of course said that no one involved in the bid is
seeking to benefit financially from the Trust taking over the football club. I’m
not going to dispute that claim, only allege that he has already done so in
previous dealings with the club.
Personally I find it beneficial
when asking questions that you do it to people who are likely to supply you
with the required answers.
For the benefit the views and
opinions expressed within this blog are my own.
I'm sure there must be a group name for inaccuracies, a flock of birds, maybe a balls up of inaccuracies...
ReplyDeleteFirstly the trust bid has *I believe* been adjusted to cover all football creditors.
The so called 'golden ticket' is completely different to preferred bidder status, one is provided by the football league to allow you to take your place in the league, the other is status given to you by the administrator to allow you to attempt to complete your bid. Preferred bidder status simply means you can go to the FL and attempt to get the golden ticket.
The trust were quite open in the AGM about what the deal was with the property developer, of course it's not out of the kindness of his heart, he's in it for a buck, thankfully for the trust his buck means they can also make a buck. Portsmouth isn't renowned for its wide open spaces and property development opportunities so the availability of a large piece of land with planning permission on it is obviously of interest, the fact that it is associated with the club means whoever wants to take advantage has to talk nicely with the owner/prospective owner.
The Fratton Park capacity is around 20700 meaning there were 800 seats still available, I don't recall exactly where they were but would hazard a guess a fair few were individual seats with little appeal, guess what - even when Old Trafford is 'sold out' there are still seats spare, I suspect that if we had a 30k stadium the attendance would have been considerably more, a small stadium means people often have the mentality of "I'll not be able to get a ticket" as you also say it was just before Xmas in the middle of the worst recession this country has seen in a generation. Must have been LOADS of money floating around spare then.
As for the allegations of the Trust Spokesman i'll let Neil Allen answer that one himself, although Colin Farmery might have something to say about it too...
The McInnes thing i'll not even comment on as I have no knowledge whatsoever of what happened in the boardroom on that day and it would merely be speculation, supposition, hear say and rumour. Much like most of this blog.