Angelos Basinas €1.4 million per annum with AEK Athens, choosing the number 14. Despite the pre-season odds, AEK underachieved during the first half of the season and lost the title race too early, making Basinas favourable towards a new move during the winter transfer period. On 2 February 2009, Portsmouth confirmed the signing of Basinas on an eighteen-month contract. He made his debut for Portsmouth on 7 February 2009 against Liverpool. Just a few hours after his debut, manager Tony Adams, who brought Basinas in, was sacked by the club and replaced by Paul Hart. Under the new manager, Basinas hardly played
Portsmouth Stadium cost cutting exercises and Portsmouth suffered as a result despite the fact that the GRA had pledged a new state of the art Portsmouth stadium previously. Lee McAlpine replaced Dave Stow as Racing Manager before Eric Graham took over and in 1998 Jim Snowden left Catford Stadium to take over as General Manager from the retiring Bill Francis. During 2006 the tracks 'Inside Sumner' hare system was replaced by the 'Swaffham' In 2008 it was announced that Portsmouth City Council's long term lease was nearing its end and they were considering selling the site for redevelopment. Lease holders GRA offloaded