Date: 28th September 2008 at 7:34pm
Written by:

In a statement on the clubs official site, issued just before the win over Spurs, a spokesman denies rumours that the club is urgently looking for a buyer.

The statement reads – ‘The press seem determined to speculate on the sale of a number of clubs in the Premier League and have now turned their attention to Portsmouth.

The club’s owner has already stated that the club is not for sale but, as with all businesses, should the right offer be forthcoming serious consideration would be given to the proposal.

The financial position of the club is fully audited and is consistent with its peers in the football industry.

The club`s growth and performance over the last two-and-a-half years is evidence of how well the club is managed.’

Earlier this morning the News of the World had run a story under the headline ‘Pompey for sale for £20 Million’. The prime reason they gave was that Sasha Gaydamak was struggling with the wage bill that is now 90% of the clubs turnover.

No smoke without fire they say – what do you think boys and girls?

Join the Vital Pompey Debate