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Thread: Portsmouth 'likely to close down'

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    Curtis Fleming
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    Portsmouth 'likely to close down'

    Portsmouth say they are likely to fold as they are unable to continue trading after talks with former owner and key creditor Sacha Gaydamak broke down.
    The club claim that Gaydamak demanded an upfront cash payment to facilate a possible deal to go through and allow them to exit administration.
    "It appears likely that the club will now be closed down and liquidated by the administrators," said Pompey.
    Earlier in October the club's latest plan to exit administration was vetoed.


    http://news.bbc.co.uk/sport2/hi/foot...th/9120108.stm

  2. #2
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    A great club ruined by moneymen cunts. Hopefully they can rebuild and work there way up the Leagues.

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    Administrator Slavia's Avatar
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    Joke of a club. They've been in the shits for LONG time now, and still signed players. Only a couple of months ago they signed Liam Lawrence on 20k a week!

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    Quote Originally Posted by Slavia View Post
    Joke of a club. They've been in the shits for LONG time now, and still signed players. Only a couple of months ago they signed Liam Lawrence on 20k a week!
    Cashflow ins't the problem. The debt owed to poxy former owners is the problem

    Want to know everything thats wrong with English football. Portsmouth dying will get about 5% of the media attention as Wayne Rooney's new contract

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    Super Moderator Jimdagym's Avatar
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    Liam Lawrence has been a great signing for them too.

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    Good pr job by the administrators. Don't think they were ever inn as much danger as the statement made out

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