Nice too see them on the way back. Fans have really stood by their club
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I'd probably have that bleedin therapy cat turn up for a nap.Just think what it'll be like when we win the league.
What with Dunkin Donuts taking over the Orient, what next, Trump taking over Chelsea lol
In that scenario City might be debt free, but they would also have been relegated a few times and all their saleable assets (i.e. players) would be gone. That is what happened to Pompey after administration.Was just reading about Exeter FC being owned by the supporters' trust and then Portsmouth was mentioned as one of those also fan-owned.
What I do not understand is:
They were in debt of over 60m pounds and yet, as of September 2014, they are now debt free?
How on Earth is that possible? They hardly could muster up 2m pounds and now they are debt free?
Do they simply not have to pay their old creditors off once the club was in administration?
Doesn't that mean, technically, that say, Manchester City could be a billion pounds in debt, the Qataris leave, and then after going into administration and not paying off anybody, the supporters could buy the club at some ridiculous price? Voila, debt free? Er...I mean I don't GAF about Qataris, Russians and etc. but surely there are other local creditors who just lose all their money??
a couple of there lads who had a lot to do with there rescue and are involved
with the running of the club still today at board level post on another spurs site and have been very informative
about all the trials and tribulations of pompey.
yet i doubt most on here would have nothing to do with them as youd regard them as
Neanderthal thugs from the past..
More impressed they have the patience to post on a message board when typing with their massive ham like fists....