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Friday, 23 April 2010

David Bond's Blog: The true extent of Pompey horror show‏

The real nasty side of Portsmouth's debt is that
"local businesses and services who make up the list of trade creditors owed a total of £5m.

These are football's real losers. Companies and individuals who now face being paid only 23p in the pound of what they are owed because footballers and football creditors get paid in full first from the proceeds of any sale of the club.

They include:

The St John's Ambulance (for match day medical services) - £2,701
King Edward VI School (for training ground hire) - £41,714
Landscape Printing Systems (for printing equipment) - £949.33
Portsmouth City Council (taxes) - £28,690"

Disgraceful how those who most need the money are denied it so that super-rich football clubs and organisations get to jump the queue.

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