Portsmouth deducted nine Premier League points after going into administration

Published: 11:20AM GMT twenty-six Feb 2010

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The move, as expected, follows a unsuccessful takeover of the Fratton Park club, that has estimated debts of around �70 million debts.

Their nine-point low mark will probably reject them to relegation to the Championship. Portsmouth were already bottom on sixteen points but will right away be marked down to seven, seventeen adrift of safety.

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The move in to administration department department department was reliable at the High Court this sunrise following the disaster of Portsmouth"s Hong Kong-based owners Balram Chainrai to find a buyer.

Had Portsmouth not left in to administration, the 112-year-old bar would roughly positively have been liquidated on Monday when a High Court decider was due to sequence on a winding-up apply to brought by Her Majesty"s Revenue and Customs (HMRC) over an delinquent VAT check of �7.5m.

At a rough conference on Feb 10, the decider in the box done it transparent she feared Portsmouth were handling whilst ruined but concluded a proxy stay of execution after being assured there was a picturesque possibility of a customer entrance forward.

Administrator Andrew Andronikou, of penury experts UHY Hacker Young, has proposed the routine of slicing costs at the bar to try to keep it as a viable entity.

A vital sell-off of players and the awaiting of a prolonged duration of rebuilding in the Championship right away looms.

Chainrai"s orator Phil Hall pronounced the bar are assured they can redeem from their demise: "The portion of this notice equates to the winding-up sequence is automatically suspended. It equates to the bar is safe, can do the fixtures and as far as is probable it is commercial operation as usual.

"Mr Chainrai hopes the supporters will get entirely at the back of the group as common for their Premier League compare at Burnley on Saturday and the following weekend"s FA Cup quarter-final at home to Birmingham.

"He has concluded to go on appropriation the bar going brazen until the long-term destiny is decided. He will additionally compensate for the administration department department department routine out of his own pocket."