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Portsmouth debt goes up to £135m

BBC Sport:

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

In February, Pompey became the first Premier League club to enter administration with debts of £60m-£70m.

And in April it was revealed the FA Cup finalists, who have had four different owners this season, were £120m in debt.

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.

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Changed from Pending to Approved
megacardo3952d ago
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