On Sky this morning there was a discussion about debt in football and they had quite a lot to say about Portsmouth.
Apparently the Skates bought all these sh*t hot players to do well and attract more fans. They would then borrow the money to build a new stadium and thereby have an increased income, allowing them to buy better players and pay off the debts.
However, for one thing they have not attracted more fans. So they cannot convince anyone to lend them the money, as they will not sell out a bigger stadium.
They also borrowed the money for Crouch and Defoe - and they can't afford to pay it back. It's now believed that Pompey will try to offload both in january.
In short, the owners put all their faith in the fans, who have let the club down and could well destroy it. Tut tut Corpy, PES etc - I thought you were the best fans in the world?