Norwich City Signs Mobile Gaming Partner NFL On Track For London Franchise Ronaldo, Neymar Star In PokerStars Ad TV3 Interested In Olympics Rights EPL Transfer Spending Reaches £500M Northants Cricket Seeks Support From ECB Rangers First Buys 600,000 Shares Council Completes Edgeley Park Deal Liverpool CEO Optimistic About New Stadium Renault Evaluates Formula 1 Future
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/April 22, 2013/Franchises
Portsmouth Moves Out Of Administration; Club Now Officially Owned By PST
Published April 22, 2013
DANCING IN THE STREETS: In London, Matt Dickinson wrote "Never let it be said that Portsmouth plummeted down the divisions. On Saturday, at a sun-kissed Fratton Park, they skipped and showboated into League Two." New Chair Ian McInnes, "leapt out of his seat to do a jig. A samba band swayed on to the pitch, dancing girls waggling their buttocks." Dickinson continued: "This was the day Portsmouth could laugh in the face of relegation and a fresh ten-point deduction because, at 8pm on Friday night, they had become the largest fan-owned club in England. The nightmares were over. The parasites have been banished for ever." Portsmouth is now "a prime example of what fan-power can do." Instead of sheikhs and tycoons, Portsmouth "is now owned by men" like 87-year-old Josh Nunn, who bought his £1,000 ($1,500) share "even though he had not been to Fratton Park since 1963." He came on Saturday — and no, the old place has not changed a bit (LONDON TIMES, 4/22).