League Two Portsmouth have announced they have now cleared all debts following the club's exit from administration in April 2013. The Pompey Supporters' Trust has been in charge since striking a deal with former owner Balram Chainrai.
Portsmouth have been in administration twice in the past five years, and chief executive Mark Catlin paid tribute to the hard work of the staff, as well as the support from the fans, and warned there could be no repeat of the financial mismanagement of recent years.
"Obviously it's another milestone in the club's evolution, a great day and the culmination of a lot of hard work by a lot of people over the past 18 months since we came out administration," he told BBC South Today.
"It's the fans, staff and backroom staff who have got us here. The supporter base is key as they've given us financial clout.
"Operationally it makes a big difference and means we can build for the future, but what we can't do is take our eye off the ball."
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