Load it into Compressor and transcode it to ProRes 25fps.
All you need to do is drop the generic (100% of source) ProRes codec on it, select the codec on your clip so as to reveal it in Inspector, press the Encoder button (second in the row of buttons below the title.)
Then press the Video: Settings button and change the framerate.
Press OK, and Submit the clip for transcoding.
hope this helps
Thanks but the file type is .MTS and it is greyed out in compressor so I can't load it.
any other ideas? I used Clip Wrap which seemed to do OK, but to use it properly I will have to pay $50 and the demo didn't seem to sinc the audio well.
I just figure that if log and transfer works on 50i why won't it even recongnise the files in 50p
1080p50 is unsupported in FCP. If you shot that format, you'll need to convert it outside of FCP, say with ClipWrap2 from divergentmedia.com.
1080p50 (and 1080p60) is unsupported because it is a non-standard format. TV isn't broadcast in that format, and web video and BluRay aren't delivered in that format (Web can be, but it is very rare...too much bandwidth for typical delivery).