#Pompey Mous has made strange decisions/line ups this season, some forced by injuries,today’s was dreadful . However, first out the door should be Hughes & anyone else responsible for the diabolical recruitment.Blame the budget if you like,but the use of it has been horrendous
@CanadaP14 Assuming our player spend/investment is ‘bottom 3’ surely RH and JM are performing at par (and last year better than par). It’s all about the money
@GBPFC1984 Our budget is probably bottom 4, but all of these stats don’t include loan spend, which for Pompey was around £9m. There isn’t enough detail in club accounts to definitively say Pompey has ‘lowest budget’
Remember when Eisner said he will prepare Pompey for Championship football to not be a yo-yo club? Yeh more bollox. He prepared us by giving us the lowest budget in the league which meant we needed a miracle to just survive which we did. This isnt sustainable.
@mark11s What value would there be in getting any closer and getting dogs abuse? It’s not like there’s going to be a meaningful discussion, it’ll just be people shouting, ‘you’re f shit…disgrace etc’. What would you do?
@Chalkias_Saves@KieranMaguire Oh my god, let it go fella! He’s factually commenting on the 24-25 accounts, he’s not giving future-looking thoughts on what might happen
Portsmouth publish accounts for 24/25, when the club finished 16th in the Championship.
By the standards of the division, the financials are very impressive. 🔑figs
⚽️Revenue £24.6m ⬆️80% (mainly due to promotion to Championship and earning 6.5x in the TV deal
⚽️Wages £17.4m ⬆️ 65%
⚽️Wages 78% of revenue ⬇️6%
⚽️Average weekly wage £7,400 (Championship average £16,100)
⚽️Underlying loss £4.6m ⬇️18% (Championship average £31m)
⚽️Player sale profits £0.4m
⚽️Pre tax loss £4.4m
⚽️Player purchases £4.6m
⚽️Player sales £1.0m
⚽️ Borrowings £8m
@statmanana@pn_neil_allen@KieranMaguire Bristol City are a great example of how you can never please everyone. Over 20 years Steve Lansdown has put some £280m into BC, transforming their stadium and making them a consistently strong Championship team. But there’s plenty of BC fans who now want a more ‘ambitious’ owner
@pn_neil_allen@KieranMaguire Midtable Champ clubs lose horrendous amounts of money. Just to compete we need an owner prepared to lose £10m a year every year. One of many examples, Bristol City Robins can't do everything straight away - Lansdown - bbc.co.uk/sport/football…
There's absolutely nobody better to independently analyse #Pompey's accounts and Tornante's loan than the brilliant @KieranMaguire. We interviewed him today on those very issues... portsmouth.co.uk/sport/football…
@iepeach@pn_neil_allen But if they forced repayment wouldn’t they effectively be putting their own business in jeopardy of being insolvent, and so lose any value?
@pn_neil_allen Correct in saying that legally it is a loan. Incorrect in saying like bank of Mum and Dad and will never be asked to be repaid. Believe me when I say from experience that in practice that doesn’t always happen.
@j03_8 Although I’d say they did/do have a plan. The plan was they could pick up (in ME’s words) ‘young and aggressive’ players from ‘good value’ leagues around the world and sell them on for a profit. But the plan has failed
@narindertweets As always just playing to populist vote. Reform voter demographic very skewed to older people and lower paid/less educated, so much less likely to care (retirees, ‘was never a thing in my day’) or in a job that necessitates being in the workplace (manual, retail, hospitality)
Nigel Farage calls for an end to working from home and the focus on work-life balance
"People aren't more productive working from home - it's a load of nonsense"
Get to Clacton and clock in 40hrs a week.
We're not paying you 90k a year for nowt.
@CamGpfc This is bang out of order.
Lang will be owed loyalty payments totalling maybe £200k we’d have to pay him on exit.
By handing in a transfer request we don’t have to pay those so very likely the club said to him “if you want to go, hand in the TR & forfeit the money”
#pompey
@allthingspne Everything you’ve said is true about CL, and the only doubt about whether it’s a ‘great signing’ will be how many games you get out of him uninjured
@DickoPFC Overall not sure what point you’re trying to make above and beyond this experience at AA plus probably Marquis at Pompey have made him very tentative spending big. But we know that…unfortunately
So him saying ‘WE signed an expensive player and it didn’t work out’ is him taking about a company he was CEO of, committing to a $15m a year contract, 0.025% of their net worth at the time which was approximately $60 billion.
Mo Vaughn was the baseball player Eisner quoted when talking about not paying big fees. $80m 6 year contract (not an $80m fee). Had a stellar first season but got injured part way through the following season, before being traded 2 years later. 1/2
@DickoPFC Interested to know your source for ‘was way below best contracts available’? Several google searches suggest he was one of best paid players?
The Anaheim Angels (the baseball team in question) were actually owned by Walt Disney at the time, of which Eisner was the CEO, not the owner. And an $80m 6 year contract was way below the best contracts available at that time (1999).
@DickoPFC As the leader of the Disney team it’s not unreasonable he’d say ‘We signed’. It was 1999 so clear he was with Disney not Tornante. Youve quoted the value of Disney, but it was Anaheim Angels that bought him, and their worth was more like $180m
@PompeyFlag@Pompey@talkSPORT You clearly haven’t read his autobiography. Did well with his Mobile phone business, sold it got rich, bought childhood club. mugged off by several managers and ultimately was outmanoeuvred giving the club away for nothing. Then went on to launch several other failed businesses
@Pompey#Pompey could do with @talkSPORT's Simon Jordan to come in and take over. A football fan and a businessman. Knows English football and would be better than the distant,uninterested yanks who only invest in property & not the team. Just a thought....up the blues.
@cristo_radio@simonjjtaylor ‘Very much inclined to do’ 😆 So you’re not definitely doing it? Just an opportunity to make an anti Labour point when plenty have pointed out that legislation over the last 14 years have been bigger contributors.
@simonjjtaylor Renters rights bill? Hue uncertainty for landlords going forward, esp with the ability to raise rents when it comes to those changes. Hence advice to cut my losses now, and am very much inclined to agree.
Just had a depressing call with my accountant. After repeatedly going through figures, it seems that selling my flat- which has the loveliest couple- is the only sensible thing to do. It's simply costing me more than I earn from it
They can't afford to buy themselves, and love the flat, but unfortunately it just doesn't make financial sense to keep them sadly. Just booked in a valuation next week.
I'd like to congratulate @RachelReevesMP@AngelaRayner@SteveReedMP and @Keir_Starmer for their complete inability to understand the consequences of their policies