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is now believed to be £138 million…… :shock: :shock: :shock:
When they appered in court they stated the debt was 66 million a lot of porkies being told :shock:
Just goes to show that clubs with small gates need to be prudent and not live beyond their means.
Big Dave has exactly the right policy. Buy potential to sell on at a large profit to supplement our existing income.
I don’t mind us being a feeder club for the top six if it means we stay afloat and keep on attracting the best young talent around :D
Just goes to show that clubs with small gates need to be prudent and not live beyond their means.Big Dave has exactly the right policy. Buy potential to sell on at a large profit to supplement our existing income.
I don’t mind us being a feeder club for the top six if it means we stay afloat and keep on attracting the best young talent around :D
Those of you who still doubt Dave Whelan’s business acumen when it comes to running and financing a football club should read the excellent article in the latest Mudhutter Fanzine on the subject of Latics’ accounts.
I’m normally the person who believes that everything possible should be done to save football clubs from going under, whether they be premier league or north west counties
BUT
I genuinely believe that it is time to call it a day at Portsmouth FC however unfair that my be on their fans who are as loyal and passionate as they comeChunks of that £138mill admittedly comes from money given as directors loans from current & previous owners who are now wanting it back (as opposed to Whelan converting it to shares) but they owe a rumoured £17.1mill to me & you in the form of unpaid taxes & national insurance. That’s f00kin scandalous & I hope customs & excise tell them to stuff their 20p in the £ CVA proposal – that by the way would repay £3.4mill of what they actually owe to the state
Wigan Borough, Accrington Stanley, Aldershot, Maidstone, Newport County & many, many others have been wound up owing far less than £138mill & I think somet needs to be done
That ginger bloke went off on one when I fired off an e-mail to Talksport about ‘Harry’ and his time at Portsmouth!
It’s amazing he has got away with this so far but then again some one on high authority would have give him permission to bring these players in
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