I know creditor lists which emerge when companies go into administration have a habit of showing up some pretty quirky items in amongst the financial carnage, but I can't get my head round this one. The administrator of cash-strapped English premiership club ![20 pence rexfeatures_750526d[1].jpg](http://www.flightglobal.com/blogs/airline-business/20%20pence%20rexfeatures_750526d%5B1%5D.jpg)
Portsmouth, in revealing debts in excess of £100 million, has just published a full list of creditors, which bizarrely on page 43 includes Middle East carrier Qatar Airways being owed the princely sum of 20 pence. Okay, air fares have come down a lot during the recession, but surely not that low....
...You can get more on the story here.
(Picture credit: Rex Features)
on April 22, 2010 10:08 AM | Reply
If they sold a couple of players they could probably raise enough to pay Qatar off ...