Credit Crunch Hits Portsmouth Credit Crunch Hits Portsmouth
Portsmouth admitted today that there would be no more big money signings. Pompey recently completed the signing of French centre-back Younes Kaboul for a reported 5 million and many expected even more money to be spent.Peter Storrie, Pompeys Chief executive says that isnt the case though and its all due to the dreaded credit crunch. He stated that clubs could no longer borrow money to finance...