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Portsmouth Goes Into Administration

 
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mark occomore



Joined: 07 Dec 2006
Posts: 9955
Location: UK
PostPosted: Thu Jan 28, 2010 3:13 pm    Post subject: Portsmouth Goes Into Administration Reply with quote
Portsmouth FC are the first club to ever go into administration. They face debts around £60 Million and will automatically lose 9 points which will send them back into the Championship. They have been struggling to find new buyers, and players have been waiting weeks without pay. They asked the FA if it was possible to sell players outside the cut off point, but that was turned down. This isn't the only club which are in financial trouble.


http://news.bbc.co.uk/sport1/hi/football/teams/p/portsmouth/8538457.stm
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