Official: Portsmouth docked nine points for entering administration
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By Nick Harris 17 March 2010 Portsmouth have this morning been docked nine points for entering administration, formalising a procedure that was inevitable after their financial meltdown. A statement just released by the Premier League says: “Following the High Court’s decision that Portsmouth FC’s administration is valid the Premier League Board convened today to apply the League’s rules and policies in relation to a member club suffering an event of insolvency.
Official: Portsmouth docked nine points for entering administration
Official: Portsmouth docked nine points for…
Official: Portsmouth docked nine points for entering administration
By Nick Harris 17 March 2010 Portsmouth have this morning been docked nine points for entering administration, formalising a procedure that was inevitable after their financial meltdown. A statement just released by the Premier League says: “Following the High Court’s decision that Portsmouth FC’s administration is valid the Premier League Board convened today to apply the League’s rules and policies in relation to a member club suffering an event of insolvency.