So Pompey are debt free 18 months after coming out of adminstration. They owed £50 million+ and Prem Lge parachute payments were going to an ex-owner? How have they done that?
seadog Admin
Posts : 15066 Join date : 2011-05-10 Age : 65 Location : @home or on the piss
Subject: Re: Pompey Mon Sep 29, 2014 1:58 pm
Just be tankful, etc, etc, etc.
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Subject: Re: Pompey Mon Sep 29, 2014 2:16 pm
tigertony wrote:
So Pompey are debt free 18 months after coming out of adminstration. They owed £50 million+ and Prem Lge parachute payments were going to an ex-owner? How have they done that?
shareholders (fans) paying a minimum of £1000 each and 49% of the club is owned by outsiders
tigertony
Posts : 2406 Join date : 2012-01-05
Subject: Re: Pompey Mon Sep 29, 2014 9:48 pm
Yeah I'm aware of their fans owning over 50% but even with 15500 seaon ticket holders at say £400 only raises £8.2 mill and lets say 15000 gave £1000 = £15 mill Total still seems way short of debt. Oh well - I've got 76p
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