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The South Coast Mafia

The South Coast Mafia

Many assume that the Mafia is a Sicily based crime Mob which they are, but there is a new group of dirty rotten scoundrels working in the undergrounds of English football.


Step forward Portsmouth football club and your former owners and executives.


In every industry there is some form of corruption from somewhere or someone; where there is money there is someone there to extract it by less than legitimate means.

Betting rings and match fixing is footballs big underground industry. However, Portsmouth stands out as one such club who seems to thrive in criminal activities and poor business practice. Admitted the criminal activities are yet to be confirmed.


What`s worse than the fact that they have tarred the English game with conspiracy and corruption? They may well yet get away with it.
This is a club with more than £150 million pounds worth of debt with 38 million of that owed to the British Governments Tax arm.

Little in assets, and with the loss of its Premier league golden ticket. Meaning that you would then assume players would have been sold in January just like their Crystal Palace counterparts?

Surprisingly though, they signed 2 players and a loan player whilst keeping prized assets such as Boateng and Belhadj. Surely this just smacks of arrogance when small businesses and charities are struggling through a recession and need all the cash they can get.

Worse, the honest creditors are being denied they`re cash simply because the club's hierarchy weren't prepared to do the right thing by them.

Can`t pay? Perhaps they just won`t pay.
Other clubs like Crystal Palace sold their best players in January to try and pay the creditors and therefore secure the future of the club.

I am sure that they didn`t want to lose Moses or Fonte or anyone in fact. Palace though felt it was what they had to do. Sell anyone who can be sold.

So why has the Portsmouth administrator not been doing this? Or to put this more bluntly, why is Portsmouth`s Administrator Mr Andronikou being allowed to remain as administrator when he is clearly not listening to the concerns of the creditors?

One argument could be that every club is given leniency on ridiculous scales.
Considering Chester city are now no more over a tax bill of £150,000, Crystal palace were hours from being no more, and countless other clubs are set to be wound up or bankrupt, and considering every one of those clubs has at most a quarter of the debts owned by Portsmouth….
Why are they being treated so badly whilst the South coast mafia continue to thrive? As we all know that any other business would be long gone.

I would like to conclude this piece with a small message to anyone from the Blue half who may object to this article, I don`t like the idea of any club going out of business without good reason, and if you read my past article about 'life and death of football today` you will realise that I am an advocator of the negative effects that money has had on clubs.

But if Portsmouth F.C. get away with this, what does it mean for the future of football? When a club can get away with fraudulent and despicable business practices on that scale and walk out the other side?

Surely you can see why some people see your cup run as a total farce, the fact that you can buy success through stealing from businesses, then enter administration and pay a fraction of the price. And this wasn`t a business plan gone wrong, it was just plain stupid arrogance.

The belief that they were untouchable. I sincerely hope that you the fans can still have a club. I also hope that the people that made this mess can be taken to task. They made this mess and need to be forced into righting as much as is possible.

If that means criminal liability so be it. Sell their possessions and give the fans of all clubs a ray of hope for the future, by telling the money people that enough is enough.

Red army comrade



Click here to join in the debate on the club forum.

Writer:SFC Forever
Date:Thursday June 3 2010
Time: 6:57PM

Comments

0
I like the way you have turned it onto the main culprits as against totally against the club.
VSrednwhite
03/06/2010 19:11:00
0
It will be a dream come true if the bad guy actually was to get his just desserts. The men at the top have to take responsibility and it is time to take it now. I am in total agreement with most of the article.
stellarnw
03/06/2010 21:53:00
0
Red did most of this so I can't take the praise. I may be able to push him for a co-editor spot soon.
SFC Forever
04/06/2010 12:43:00
0
When the Pompey lot get found guilty will it really help other clubs? I very much doubt it. There is a rule for football clubs and another one for everybody else. Criminal negligence should be used against some of these people to slow the rush to money losses of such high proportions.
sfc4ghg
04/06/2010 17:07:00
0
Ghg, the focus was on if Portsmouth get away with it, that others may decide that they could get away with similar things.
red army comrade
04/06/2010 17:40:00
0
I saw that but think he is going a little bit further. Clubs can only do what their moneyman says. These are the ones who if penalised could stop the flood of borrowed money that is being thrown at the clubs in the hope of glory. Man Utd and Liverpool are but two of the clubs facing problems if their gravy train were to disappear. Man Utd owe so much and have such high interest payments that they really could make the Pompey crew look like small potatoes. Si I am wondering still, whether Pompey and their problems will be hidden under the weight of alternative media sources when the time comes.
VSrednwhite
04/06/2010 18:25:00
0
I was really echoing the end of your article where the guilty get theirs. That way even though the club has to be punished it is the people that caused the problem/situation that get most of the end product. prison maybe or loss of all they have as part settlement. Look at Lowe and he is still residing in nice surroundings surrounded by money.
sfc4ghg
05/06/2010 06:23:00
0
Totally agreed Ghg, there are some owners who genuinely don't have the money to put in and are facing bankruptcy themselves, but the majority own enough assets to pay.
red army comrade
05/06/2010 10:22:00
0
The news is not good at the moment for them but how much of it is true? Be nice to think that the perpetrators of the woes could be made to pay.
sfc4ghg
08/06/2010 21:46:00
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