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Portsmouth into administration
It's finally happened, suppose it puts the threat of immediate extinction off for a couple of months.
http://news.bbc.co.uk/sport1/hi/foot...th/8538457.stm |
Re: Portsmouth into administration
Huddersfield Town fan in peace.
It might not stop them being wound up next week as it depends on if HMRC think they'll get their money back through administration. Plus if administration is accepted HMRC usually vote against CVA's from football clubs so Portsmouth will likely be hit with more point deductions next season (see Rotherham, Bournemouth last season) so its possible they'll be playing in League 1 in a couple of seasons. Finally as its never happened before there's no precident so the football league might not accept a club in administration like the Blue Square leagues don't. |
Re: Portsmouth into administration
Sad for the fans but it appears the management has been awful for the last few years. They paid bucket loads for the team assembled which won them the FA cup and gave them a few good reasons but they could ill-afford it. Clubs need to start living within their means and hopefully this will serve as an example.
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Re: Portsmouth into administration
Chester been kick out of BS Football League.
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Re: Portsmouth into administration
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Re: Portsmouth into administration
it was bound to happen... a shame as the supporters are a good bunch but I think it wasnt bad management but bad ownership that killed the club in more ways then 1
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Re: Portsmouth into administration
i wonder if the FA would allow Man Utd with £700million debt to go into administration or would they bend over backwards and bend rules to prevent it ?
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Re: Portsmouth into administration
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Re: Portsmouth into administration
The Administrator is looking to avoid a points deduction:
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Re: Portsmouth into administration
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However I wonder what would happen if it was the mighty Man U who were going into receivership. :scratch: |
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