Chainrai set for Pompey return........

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This whole thing just f**king stinks.........

he bloats his own (20p on the pound debt) to take all the creditors (minus HMRC) over the magic 75% so then they can write down HMRC, his own debt is now repayable after he buys the club.

So he is buying back what he already owns minus the vast majority of the real debts.
Not only that he will get paid back 20p on the pound of all the previous debts he is claiming for.........

They know nobody will come in because they will owe him and creditors........

I predict new tax laws will come into effect meaning the tax man gets paid first.

I would not suprised if the "image rights/offshore tax havens" are not revisited.

Posted By: usacanary, Aug 5, 21:53:51