Tag: club

Portsmouth go into administration

Portsmouth go into administration

Further to my post some time ago Portsmouth officially went into administration this afternoon and almost certain relegation. Hopefully you jumped on board following my post a little while ago. One of the lowest risk trades of the season!

While it’s not pleasant to see clubs get into trouble, the economics of football are astonishing. It’s quite amazing to see how poor the economics of most clubs are, but even the top teams are not in a very good shape. …

26/02/2010 | By More
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