soccer

'Eisner's fondness for Pompey is clear'

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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 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 the agenda but intriguingly Portsmouth Football club was the first area covered.

The interview confirmed two things that have long been speculated. Eisner looked at a number of Premier League teams and even opened negotiations before buying Pompey.

BBC South has long understood Reading to be a club he seriously considered buying. Eisner said at the time of the purchase that chief executive Mark Catlin but not the club's board was interested in Eisner taking over.

Bensinger did a pretty good job with the interview although I'd have loved a follow up question on Eisner loaning his sons the money to "make up the deficit" around the purchase. He described the situation as being "a mess" and "financially complicated" but did not elaborate further.

Portsmouth are owned by The Tornante Company, a private equity firm started and controlled by Eisner. All three sons are on the board of directors of the football club. Portsmouth has always been a family business for the Eisners.

Twice Eisner refers to wanting to "build a team up from scratch". That felt a clumsy comment. There's no question that Eisner's significant investment into the stadium and training ground have been important and needed. However, he's built on the foundations laid by the previous owners, the Pompey Supporters Trust and the presidents.

The club Eisner bought in 2017 was only in the state it was in thanks to the blood, sweat, tears and money invested by those two groups. The saving of the club by those groups came at significant personal costs to a number of people.

Eisner is clearly a fan of the new football regulator, which is slowly getting up and running. He is hoping it will reshape the financial landscape allowing sides to have success spending sustainably.

Championship clubs continues to haemorrhage money, as they have done for many years. I don't share his optimism that structural changes will enable clubs to rise to the Premier League spending at a sustainable level.

Whenever Eisner speaks, his fondness for Portsmouth is clear. There has been progress on and off the field under his ownership. Fans will be hoping he can find a way to continue moving forward on both fronts.

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