POMPEY chief executive Peter Storrie is fuming over insinuations that the club’s cash has been misappropriated in some way.
Storrie has slammed veiled allegations that something untoward has occurred at Fratton Park.
TV coverage over the weekend raised questions about the money generated by a club that won the FA Cup two years ago.
It has since been revealed that the players have taken the biggest chunk of the money, the banks have recalled £40million of loans and the rest has gone in transfer fees.
All the figures have been declared to the courts and to the potential South African buyers, with a deal anticipated in the next 48 hours.
“If you want to know where the money has gone, look at the accounts,” declared Storrie.
“It’s no secret, we’ve had the report submitted to the courts. It’s there for all to see.
“The bulk of the money has gone to the players in wages. The cost of the players’ wages this year is £37million.
“Last season, when it was running at its height, it was £52million, and the year before it was £42million."
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel