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Tuesday, 21 July 2009

The King Is Dead.......

So Portsmouth FC have a new owner well chairman, I don't know the ins and outs of the business world but in time the Dr will become the full owner of the club. The one thing I am very relieved about is the club can still exist, it's not poetic justice as some of our friends down the road have said, I for one did not want to see them suffer but we have been through this at least 3 times in the last 30 odd years, I don't want this to happen again, we have had our fare share of financial trouble so lets get it done right this time, we must cut our cloth accordingly.

Unfortunately and sadly I think a Big club will fall big time in the next five years, reportedly one club are 700 million debt, as long as it is sustainable it is not a problem but it will not last forever just look at Leeds for one.

Pompeygary

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