What We're Reading

Boss earns big as club faces bankruptcy

  • BBC, Thursday, February 25, 2010 3:33 AM

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."

Read the whole story at BBC »

Next story loading loading..