Pompey likely to close down

23/10/2010 | By More

Portsmouth say they are likely to fold after talks with former owner and key creditor Sacha Gaydamak broke down. Full story here: –

https://news.bbc.co.uk/sport1/hi/football/teams/p/portsmouth/9120108.stm

Odds on Betfair for relegation have plunged from 11’s to heavy odds on. In settlement terms Betfair count going out of business as relegation, hence the change in odds. I suspect this could be a wake up call from the administrator to the only creditor holding up the process. Lets wait and see….

Odds are going down, are Portsmouth as well?

 

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Category: Football trading strategies

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I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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