With all the doom and gloom surrounding Portsmouth FC at the moment it’s good to get a positive slant on events there and that’s what Ashley Brown, the chairman of the Pompey Supporters Trust, provides in The Times this morning.
He argues that Pompey are the largest undeveloped ‘big’ football club left in England. The could be available for a knockdown price. Next to it lies ten-and-a-half acres of development land for sale. The approved planning brief foir the land allows for retail, residential and stadium development.
With all the doom and gloom surrounding Portsmouth FC at the moment it’s good to get a positive slant on events there and that’s what Ashley Brown, the chairman of the Pompey Supporters Trust, provides in The Times this morning.
He argues that Pompey are the largest undeveloped ‘big’ football club left in England. The could be available for a knockdown price. Next to it lies ten-and-a-half acres of development land for sale. The approved planning brief foir the land allows for retail, residential and stadium development.
The club’s balance sheet has improved in the last two years. The main debt still weighing it down is the Creditors Voluntary Arrangement resulting from the last administration, but this can be met by parachute payments.
Pompey are a low-cost investment with a sustainable upside. The fans would be a huge asset to a new owner and the Supporters’ Trust is ready to help an honest owner. Eight million people live within 90 minutes of the ground.