February 14th, 2010 by admin

Deperate Portsmouth could be sold for as little as one pound in what could be last attempt to save the club. Before you start dreaming of owning you own clubs there are a few clauses to consider. The club’s owner Chainrai would also want the 17 million pound he is owed, and other debts totalling more than 60 million pound would have to be met.

On the positive side if Pompey stay up, and yes of course that is still slightly possible the new owner could collect more than 30 million pounds in TV money in the autumn or a minimum of 11 million pounds in parachute payments if they are relegated.

I think I will hang on to my pound!