Oct 11, 2017
Disney to Pompey
Two decades at the helm of global entertainment giant Walt Disney might seem a strange apprenticeship for taking over a lower-level English football club, but Michael Eisner insists it is the latest logical move in his high-flying business career. The 75-year-old American completed his takeover of historic south coast club Portsmouth in August for £5.67m, buying it from fans who had stepped in with their own money to save the club. The club, nicknamed Pompey, had fallen on hard financial times since winning the FA Cup in 2008, and had dropped from the Premier League to the bottom tier, but did get promoted back to League One at the end of last season. During Mr Eisner's time at Disney it also acquired leading sports cable TV channel ESPN in 1996. "The Disney fans are similar to Portsmouth fans," he says.
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