That's fifty eight million pounds. And they're still allowed to do business. Football is finished. http://www.bbc.co.uk/sport/0/football/17679909
They are a truly disgraceful club and I actually want them to be liquidated. I can't believe that after the last episode at Pompey that anyone would give them ten bobs worth of credit. And being allowed to sign players makes football look terrible.
Is this new debt acquired by the new regime or what's left from their previous administration? I'm sure when Storrie was there they were talking over £100m. P.S As critical as we are of Don, we are blessed to have him when you think that we could have had a truly useless (and bent) **** like Storrie.
It is debt acrried over from last time plus new debt. The large majority of debt from last time could not be moved into the CVA as it is secured debt owed to their former owners Gaydamank and Chanarai.