Portsmouth City Council has granted the Pompey Supporters' Trust (PST) a bridging loan of £1.45 million to put towards buying Portsmouth Football Club. The PST has offered Chainrai £2.75m for the club, including Fratton Park, the BBC reports. However, a temporary bridging loan was required to help make up the offer. The council has offered [...]
http://belgraviacommercial.co.uk/council-grants-bridging-loan-for-football-deal/
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