Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://www.socialistparty.org.uk/issue/614/8955

From The Socialist newspaper, 3 March 2010

Supporters should own Pompey, not developers

THE COMPANY controlling Portsmouth Football Club (FC) has now gone into administration. This means that control over the club's finances has been taken out of the hands of the owner.

David Maples

A points penalty will almost certainly be applied so relegation from the Premier League is virtually confirmed. However, any idea that this will end Pompey's problems is misplaced. The administrator talks about taking eight weeks to understand the company's affairs and suggests that financial malpractice may be unearthed.

In that scenario, it is highly unlikely that a new owner would be in place for next season. Instead Portsmouth could have an extended spell in administration with more players being sold to meet immediate bills.

With the possibility of a further points penalty, the future for Portsmouth looks bleak.

Portsmouth employs about 600 staff. The administrator is talking about deep cuts. These will principally be amongst staff who earn little more than the minimum wage.

The current owner, Balram Chainrai, has used former News of The World editor Phil Hall as his mouthpiece. Hall calls for patience - code for supporters to sit passively while the property developers who have destroyed the club jockey for position. Portsmouth supporters have been patient for 60 years - not any longer.

About 400 million has gone into Portsmouth FC since 2003. There is an increasing groundswell for an inquiry. Portsmouth council should organise this with supporters' organisations and the Professional Footballers Association. All the business secrets should be out in the open.

There will not be a secure future for Portsmouth FC until it stops being a property development opportunity. This means the club should be owned by the supporters, the only people who have its long term interests at heart.

The Portsmouth Supporters Trust has made an excellent start and needs to rise to this challenge. The prize is worth even more than the FA Cup.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 3 March 2010:

Fighting for jobs, services and conditions

PCS: All Out to Defend Jobs and Services

Stop council cuts


Youth fight for jobs

Invest in jobs, education & Training

Cut the working hours, not the jobs!

Portsmouth students and workers unite to fight cuts

Brighton students say: Save our nursery

EMA inadequacy impacts badly on students


International socialist news and analysis

Building action across Europe

Greece - millions take part in general strike

Spain: Thousands join mass demonstrations


Socialist Party news and analysis

The fairytale world of RBS

Nationalise the energy giants

Activists launch socialist challenge

Walsgrave hospital Coventry: Stop the parking charges rip-off

Fast news


Socialist Party workplace news

Where is the BA cabin crew dispute going?

Smash the bosses' construction blacklist!

Leeds lecturers win concessions - but cuts remain to be fought

Workplace news: In brief


Unison

Unison general secretary election: Nominate Roger Bannister

Legal ruling exposes hypocrisy of Unison leadership


The Socialist Interview

FBU general secretary speaks to The Socialist


Socialist Party women

Women will be at the fore in the fightback!


Media

Global media monster News International condemned

The hounding of Tommy Sheridan

Savage cuts planned at the Beeb


Football

Supporters should own Pompey, not developers


Socialist Party feature

The worldwide thievery of big business


 

Home   |   The Socialist 3 March 2010   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Football:

triangleBirmingham South East Socialist Party: Football under capitalism

triangleGentrification on the terraces: fans say twenty's plenty

triangleWomen's football - Sampson allegations

triangleThings are changing: 20,000 sing for Corbyn at Wirral rock festival!

triangleUS: women ice hockey players' strike threat wins living wage

Portsmouth:

triangleFreshers week campaigning reports

trianglePortsmouth Socialist Party: How can the Tories be defeated?

trianglePortsmouth Socialist Party: IWW & Syndicalism - how can workers build fighting trade unions?

triangleObituary: John Pickett - 1954-2017

Reports and campaigns

Reports and campaigns

21/2/18

Strike

German engineering strike puts shorter week on agenda - but could have won more

21/2/18

Cardiff

Cardiff Refugee Rights gig success

21/2/18

Nottingham

Nottingham hospital black alert

21/2/18

East Midlands

Lively discussion at East Midlands Socialist Party conference

21/2/18

West Midlands

Tremendous determination on show at West Midlands conference

21/2/18

Wales

Successful Socialist Party Wales conference sets tone for the year ahead

21/2/18

Bradford

Bradford protests against kids' service cuts

21/2/18

May Day

May Day, May Day! Celebrate solidarity!

21/2/18

Kirklees

Labour councillors push through savage cuts in Kirklees budget

21/2/18

Salford

Save Salford nurseries!

21/2/18

Caerphilly

Victory: Pontllanfraith leisure centre saved

21/2/18

Council

Northants council crisis - protesters demand an end to cuts and privatisation

21/2/18

Leicester

Leicester Uni makes Tory fee tripler David Willetts chancellor - sack Willetts!

21/2/18

UCU

Bosses divided - university pension strikes can win!

21/2/18

Mansfield

Chatsworth ward victory shows we can save our NHS

triangleMore Reports and campaigns articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: info@socialistparty.org.uk

Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 0798 202 1969

East Mids: 0773 797 8057

London: 020 8988 8786

North East: 0191 421 6230

North West 07769 611 320

South East: 020 8988 8777

South West: 07759 796 478

Southern: 07833 681910

Wales: 07935 391 947

West Mids: 02476 555 620

Yorkshire: 0114 264 6551

ABOUT US

ARCHIVE

Alphabetical listing


February 2018

January 2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999