Portsmouth debt goes up to £135m

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Portsmouth debt goes up to £135m

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Portsmouth debt goes up to £135m

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06-05-2010, 21:51

Maggy

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Portsmouth debt goes up to £135m

http://news.bbc.co.uk/sport1/hi/foot...th/8664722.stm

Quote:

Portsmouth's administrators have revealed the relegated Premier League club's debts now stand at £135m.

Quote:

The news comes on the day creditors have approved the drafting of a debt-repayment plan that will enable the club to emerge from administration.

It's bad but not as bad as it could have been.

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