12-05-2022, 07:17 PM
(12-05-2022, 03:42 PM)BilltheCat Wrote: Interesting article about Boremuff's Russian owner, Maxim Demin, in Private Eye this week. It estimates the club have benefited from interest free loans to the value of at least £153m since he bought the club in 2011.
Boremuff is owned "offshore" by Fortina Enterprises in the British Virgin Islands.
those sort of interest free loans are exactly what made Pompey go bust on several occasions. Our current owners have not done that so if they run a good club their investment rises, if they mess it up, they lose the money not the club or the fans.