Pompey creditors offered 20% deal

[BBC Sport]

Portsmouth's creditors are to be offered 20 pence in every pound they owe, says the club's administrator Andrew Andronikou.

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[FuzzyDunlop]

wtf does that mean? Pompey will pay 20p instead of £1? I wouldn't accept it if they owed me a pound

 

[JDH1989]

Haha. Cant see that working. Considering they owe former chairmen millions. :O

 

[Irish Scouse]

Lets say they ough 100 million, then they only owe 20 million. Not bad.

Shame they cant even afford the 3.5 million for Dindane

 

[Shay Given]

the creditors will have to take it, its 20% or nothing

 

[Scott]

wtf does that mean? Pompey will pay 20p instead of £1? I wouldn't accept it if they owed me a pound

well. f the club went out of business they get **** all money. so this isnt too bad.

ken bates bought leeds for a pence to every pound when they went into adminstration.

 

[Max]

Shame they cant even afford the 3.5 million for Dindane

I wouldn't pay £350 for the heap of ****, nevermind £3.5m

 

[CJACKO11]

take it or it will run on for ever. obviously its not right but its what has to be done, either take this or nothing.

 

[Billy]

It's a bit of a joke really.

I'd feel extremely hard done by.

 

[Irish Scouse]

I wouldn't pay £350 for the heap of ****, nevermind £3.5m

Yep, and Piquonne is a maestro (H)

 

[eddlad]

well. f the club went out of business they get **** all money. so this isnt too bad.

ken bates bought leeds for a pence to every pound when they went into adminstration.

I think you'll find it was 10 pence in every pound.

Though this is nothing short of a disgrace, about time this wretched club was put out of its misery.