Arsenal legend reveals he wrote off £3m from Portsmouth when he retired Arsenal legend Kanu revealed he had written off £3million from crisis club Portsmouth after announcing his retirement.
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Nigerian international Kanu launched a legal case against Pompey following leaving Fratton Park after a six year stint in 2012.
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The striker, who scored the winner in the club's 2008 FA Cup final win over Cardiff, said: "I can now reveal the story that has been around since I left Portsmouth. I did not ask the club for millions of pounds, I dropped the whole matter of wage money because I know the club was in big problems.
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"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.
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"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.
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"I just enjoy life and hope the best for my former team."
That is very good of him. He has shown he has a very good heart. Portsmouth would be forever grateful