History of Portsmouth F.C. place, thanks to academy director Paul Hart stepping in as caretaker boss, seven points clear of the relegated clubs, despite the disruption brought by the departure of Harry Redknapp and the subsequent sacking of his successor, former assistant manager Tony Adams. At the start of the 2008–09 season rumours began to fly around that Portsmouth were facing crippling debts due to their recent heavy spending and owner Alexandre Gaydamak was looking to sell the club. After Redknapp's departure many key players began to depart with Lassana Diarra and Jermain Defoe leaving in January. In May 2009, Sulaiman Al-Fahim had a
Paul Greenwood (money manager) Greenwood was the town supervisor of North Salem, NY and a treasurer at the local St. James Episcopal Church. Paul Greenwood (money manager) Paul Greenwood (born 1947) is a former American money manager and town supervisor who was convicted of securities fraud with business partner Stephen Walsh. He was arrested with Walsh on February 24, 2009. The total fraud is estimated at between $550 million and $670 million. On July 28, 2010, he pleaded guilty to securities fraud. On December 3, 2014 he was sentenced to a decade in Federal prison by Manhattan U.S. District Judge Miriam Goldman Cedarbaum, who