by ArfnipIsARoyal »
19 Feb 2010 13:20
I don't reckon Pompey will survive. For someone to take over they will have to understand they would need to take a £20m+ hit which may never be paid back to them. £11.7m HMRC, £9m Gaydak and £1.6m Sol Campbell are the figures that I can recall. Add this to the exortionate player wages and other current debt and debt interest, it would be potentially the worst business proposition imaginable. Saying that, stranger things have happened I guess. Also this talk of selling players before March 1st, who would really pay some of the sums they would put on these players heads if by 1st March these players will no longer be contracted to a club, so players signing on fee will possibly be less than Pompey's current firesale prices