Portsmouth supporters insist their beleaguered club will survive even if it becomes the first Premier League outfit to go into administration on Friday.
Hong Kong businessman Balram Chainrai, who is Portsmouth's fourth owner this season, is in talks with four different groups about a takeover, but he admits it is unlikely a deal will be completed in time to avoid a winding-up order in the High Court on Monday.
With no new influx of cash on the immediate horizon and the club in danger of going bust due to unpaid debts, Chainrai announced on Tuesday that he would rather put Portsmouth into administration than let the courts decide their fate because that would suspend the winding-up order.
That means almost certain relegation for Portsmouth, who are already bottom of the Premier League, as there is a nine-point penalty for any top-flight club going into administration, leaving Avram Grant's side on just seven points -- 16 behind their nearest rivals.
source:newsyahoo
0 comentarios:
Post a Comment