Andrew Andronikou: He knows what he's doing...honest...

Yes, it’s Portsmouth Football Club again and the ongoing saga that is their debt problems. And we though the UK as a whole had issues!

It seems that the self promoting administrator Andrew Andronikou has mistakenly listed a company – Canterbury Europe, a former shirt sponsor – as a creditor, to which Portsmouth supposedly owed £1.99 million. A quick check by The Guardian, however, has shown that Canterbury in fact owe Portsmouth £1,862,724.67!

That’s a £4 million swing in favour of the struggling FA Cup finalists. Ok, it’s a drop in the club’s debt ocean but as The Guardian pointed out in their article it could go quite far in terms of getting Portsmouth out of administration.

It must come as quite a relief to Portsmouth supporters that after a year of dodgy owners and board members their club is now in the safe hands of a qualified administrator in Andronikou…