Tag: pompey

Trade of the season (so far)

I mentioned in another post about the Portsmouth saga and it turns out I was correct in my interpretation. This turned out to be the trade of the season so far. Portsmouth relegation markets have been a nice earner in the last couple of years!! I’ll have to wait till May to get paid out but I can now green out and look for the next opportunity.

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25/10/2010 | By Peter Webb More

Pompey likely to close down

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….