Indeed, and my first thought is surely these revelations about further previous financial irregularities give the Football League carte blanche to retrospectively throw the points penalty book at PFC, a la Luton?
That said, if the allegations in this blog are true, I think it gives an insight into why the football authorities have seemingly been reluctant to throw the book at Pompey because it shows them up as having allowed some allegedly dubious activity to be carried out under their own noses and thus failing in their financial scrutiny duties at the time.
Will be interesting to see how much of this finds it's way into the mainstream press...