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Home > Section 2 Around the Net > Thursday, Feb. 25, 2010
Boss earns big as club faces bankruptcy
BBC, February 25th, 2010 3:33AM
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As English Premier League club Portsmouth faces bankruptcy, the club's chief executive Peter Storrie earns a $1.8 million salary, a 30 percent increase from his previous year's salary despite the club's reported $107 million debt. "There will be cuts at all levels," Storrie said. "That's something for the administrator to do to make sure the club keeps going. I will be taking a big cut as well."

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