Friday, February 17, 2012

Administration Update: Pompey And Rangers

For the second time in three years, it's official...

Championship squad Portsmouth is in administration all over again...
Which means the immediate 10-point deduction happens after a 7-day appeals process... which also means that Pompey is now in a relegation battle with

The team issued a statement, some of which is below:

Trevor Birch, Bryan Jackson and Ian Gould of accountancy firm PKF, have been appointed administrators to the club.

Commenting on their appointment, Trevor Birch said: “Portsmouth Football Club is a vital part of the local community and its fans, players and staff have been unswerving in their support despite the club’s recent difficulties. We will do all we can to secure the club’s long term future and ensure that this loyalty is rewarded.

“We will work with everyone involved with Portsmouth Football Club – directors, staff, players and creditors – to attempt to resolve the financial issues facing the club.

“Our aim is to achieve an outcome that helps ensure the club’s long term survival, preferably by finding a suitable buyer.


Manager Michael Appleton and striker Marco Futacs comment on the current state of affairs...
((HT: PortsmouthFC))


And the guys from SportsTonightLive discuss as well...


The 10-point deduction puts them in a fight for survival with Nottingham Forest, Coventry City, and Doncaster. The only thing saving Pompey at present is their goal differential of +2 versus Coventry's -16 and Nottingham's -25

Portsmouth's situation is so bad that electricity was threatened to be turned off at Fratton Park...

On the Rangers front...

Ally McCoist is preparing his team for their match Saturday...
((HT: SkySports/johngreig))


BBCNewsnight Scotland had a discussion on the idea that the team has not been paying their dues- and THAT's the reason the tax man is coming calling...


The Scottish Football Administration is having their own investigation into the actions of current President Craig Whyte and his new admission that he was given previous disqualification as a company director.

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