Icy Gull
Back on the rollercoaster
- Jul 5, 2003
- 72,015
In the days of thirty thousand plus crowds we rarely if at all played Pompey iirc.
True they were in Division 4, where they are now headed again...if they're lucky!
This all sounds quite familiar
1972–1988: Deacon to Gregory
A cash injection, that accompanied the arrival of John Deacon as chairman in 1972, failed to improve Portsmouth's league position. With Deacon unable to continue bankrolling the club on the same scale, Portsmouth were relegated to the Third Division in 1976.
In November 1976, the club found itself needing to raise £25,000 to pay off debts and so avoid bankruptcy. With players having to be sold to ease the club's financial situation, and no money available for replacements, Portsmouth were forced to rely on an untried manager, Ian St John and inexperienced young players. Consequently, they were relegated to the Fourth Division in 1978.
Portsmouth were promoted back to Division Three in 1980, and in the 1982–83 season they won the Third Division championship, gaining promotion back to the Second Division. Under Alan Ball's management, Portsmouth narrowly missed winning promotion to the First Division twice before finally succeeding in 1986–87. Unfortunately, by the middle of the 1987–88 season the club was again in grave financial trouble, and Portsmouth were relegated straight back to the Second Division. The summer of 1988 saw Deacon sell the club to London based businessman and former Queens Park Rangers Chairman, Jim Gregory
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