Kanu Writes Off £3m Pompey’s Debt

Portsmouth legend, Nwankwo Kanu has written off a £3million debt to help save the club.

After leaving Pompey last year, the former Nigerian international reportedly commenced a lawsuit to recover an estimated £3million owed to him by the club where he had a successful six-year stint, which included the winning goal in the 2008 FA Cup Final.

However, Kanu has dismissed talks of a lawsuit by disclosing that he has since written off the debt against Portsmouth, who are currently engulfed in a financial crises which has seen them drop into the third tier of English football.

“I can now reveal the story that has been around since I left Portsmouth,” he said. “I did not ask the club for millions of Pounds; I dropped the whole matter of wage money because I know the club has big problems.”

Kanu, who has remained unattached since leaving Pompey, also hinted on his retirement plans.

“The reason I have not returned is because I feel it is time for me to hang my boots up as a player. I will be coaching and promoting my foundation through football.

“The thing that makes me the most mad is that the media have got the story completely wrong. Life goes on and forgiveness is number one for me. I just enjoy life and hope the best for my former team,” the former Arsenal and Inter Milan star disclosed.