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Portsmouth Football Club have repaid City Council loan


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Portsmouth Football Club are pleased to confirm that the loan from Portsmouth City Council to enable the community bid to buy Fratton Park has been repaid with interest. 

 

We would like to thank Portsmouth City Council for their support.

 

Source: PFC

Well that was quick! All in all the council loaned the PST (pompey supporters trust) ?1.45m to buy the club earlier this year.

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  • 1 month later...

I know i'm a bit late, but fair play. I thought the supporters association would fold after 5 mins let alone get enough to repay that loan (despite thinking its a great idea in theory, just didn't think it would work).

 

Just hope they didn't find the repayment with more debt.

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