18-02-2022, 09:48 PM
(18-02-2022, 09:44 PM)BilltheCat Wrote: "With £3m of that figure spent on Fratton Park maintenance during the opening two seasons, the remaining £7m was moved into a separate bank account".
It was all smoke and mirrors, DeepBlue.
"Pompey’s latest accounts, lodged at Companies House on Monday, show a £2.05m profit for the year ending June 30, 2019".
And your point is ? The ground funds are kept totally separate from the day to day operating funds which is where any profit went. E.g on Marquis & Harrison mostly.