Jeez we made that look harder than it should have been

If you read what's said its clear that Pompey aren't the only club with debts they are struggling to service. It's more evidence (if any were ever needed) that sports should never be treated as a 'business' investment. What's staggering is that some financial institutions/rich individuals seem to be continually conned into lending on terms that they would laugh out of court about were it any other kind of business.

The CAS have denied Togo's appeal against their ban from the African Nations Cup.

Pathetic.

IMO the major stars of African football, the Eto's, Drogba's and Kalou's

should say that if Togo aren't allowed in the competition, they won't be playing either.

Plenty of people have made tonnes of money from treating sports as a 'business' investment. Rough figures, but the Glazers paid nearly £800m for Man Utd in 2005. The figure stated for United fans to buy the club now is £1.2bn.

The Edwards family made fortunes out of Man Utd. The PLC made fortunes out of MU when they took the club public.

Ken Bates made a fortune from Chelsea. The Thai made a big profit out of Citeh from his short ownership of the club. While Sugar whines about his time at Spurs, I reckon his time at the club was very rewarding to him.

It is difficult to make money out of sports. It's easy to get badly burned. But there are a lot of people who have made massive amounts of money out of sport.

Debts are in the region of £60m according to the statement of affairs provided to the court. How are they going to raise that by selling players, when most of their best players aren't actually theirs to sell?

I'm happy for them to be allowed to sell outside the window, as long as the rule remains in place that other clubs aren't allowed to buy outside the window.

They'd be wise to take administration than run around trying to find a solution. They'll go down, sure, but you can guarantee once the debts are gone, someone will rush forward and take it on and start afresh.

PL have got it right in not allowing Portsmouth to sell outside the transfer window, rules are rules!

The transfer window is a huge pile of dog doo anyway. It should be scrapped.

In some ways I think the FA are right to reject their request, but is the transfer window really so important that a club should be allowed to go out of business just to keep it intact? I don't think so.

I said after we lost to Everton that there'd still be a few more twists in the title race. The first is today as Everton add to their win over us by beating United. Didn't think they'd do it TBH. Thought they'd roll over.

It should be scrapped. But it shouldn't be scrapped because of teams not been able to manage their finances. If they allowed Pompey to do business outside of the window then it would set a dangerous precedent. They should go into administration and sort themselves then come back next year in the Championship if allowed. I could see them getting knocked down to League One though.

What was that

3-1, didn't see that coming.