Portsmouth into administration
26-02-2010, 11:43
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#1
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Cable Forum Team
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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
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26-02-2010, 12:01
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#2
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cf. shirker
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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.
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26-02-2010, 12:49
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#3
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Cable Forum Team
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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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26-02-2010, 14:27
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#4
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Re: Portsmouth into administration
Chester been kick out of BS Football League.
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26-02-2010, 17:59
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#5
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Cable Forum Team
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Re: Portsmouth into administration
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26-02-2010, 21:29
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#6
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argh
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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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26-02-2010, 21:45
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#7
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cf.mega poster
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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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26-02-2010, 21:53
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#8
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cf.mega poster
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Re: Portsmouth into administration
Quote:
Originally Posted by Damien
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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Don't buy that, there is a reason why administration was put of for so long and it was nothing to do with a points deduction, with luck the administrator will get to the bottom of what's been going on, one ex owner is already in court for fraud and imo he wont/shouldn't be the last, some thing stinks about this.
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26-02-2010, 22:46
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#9
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What hast thou done?
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Re: Portsmouth into administration
The Administrator is looking to avoid a points deduction:
Quote:
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Originally Posted by The BBC
Under Premier League rules, clubs that go into administration are deducted nine points.
If, as anticipated, the League enforce this rule, Pompey would have a total of seven points - a massive 17 points off safety.
However, Andronikou believes the deduction is not necessarily inevitable and hinted he may ask the League to withhold the punishment.
"I understand everyone is taking it for granted we are going to be docked the nine points. It is something I need to broach with the Premier League...
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As a Southampton supporter whose team were denied an appeal against their points deduction, I will be mightily miffed if they're successful because they happen to be in the Premiership...
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26-02-2010, 23:25
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#10
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Cable Forum Team
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Re: Portsmouth into administration
Quote:
Originally Posted by Cobbydaler
The Administrator is looking to avoid a points deduction:
As a Southampton supporter whose team were denied an appeal against their points deduction, I will be mightily miffed if they're successful because they happen to be in the Premiership...
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Don't think that will happen Cobby..I think they will be dealt with just as harshly.
However I wonder what would happen if it was the mighty Man U who were going into receivership. 
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