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Portsmouth owner Michael Eisner has said an expansion to Fratton Park is not currently high on his list of priorities.
The 84-year-old has owned Pompey since purchasing the club in 2017 and after seven seasons in League One, managed to get the club into the second tier in 2024.
Over nine years in charge of the side, Eisner has funded a number of projects at Fratton Park including the more
“Unsustainable”, “crazy”, “broken.” Pick your adjective to describe the state of the finances in the Championship. The league consistently spends more on wages than its entire income. You don’t need to be an accountant to know that is bad.
This is not a new problem. It has been going on for more than 15 years. For all the predictions of a financial implosion, it has not happened.
For most
Portsmouth chairman Michael Eisner has warned of a looming financial catastrophe in the Championship after Pompey became the latest second-tier club to post losses.
While the £4.36m loss for the 2024-25 financial year is relatively modest compared to rivals Hull City, who reported a £41.7m loss in December, and Coventry City, who last month posted a £21.6m loss, it follows the same uncomfortable trend.
Eisner, 84, the former
Michael Eisner doesn’t do many interviews on Portsmouth, so when he does speak it feels significant.
Pompey’s chairman sat down with American journalist Graham Bensinger for an in depth chat, external about a wide range of topics which was released earlier this week (he also did an “MTV Cribs” style tour around his house for those of a nosey persuasion). Eisner’s childhood, Donald Trump and Disney were all on
Eisner said Pompey, who are 19th this season after 16 games, would be active in the January transfer window but vowed to continue “the path” of buying young players with a view to enhancing the team before being sold on to help offset losses.
On the topic of backing head coach John Mousinho with big-money buys, Eisner referenced the cautionary tale of the expensive signing of Major League Baseball (MLB)