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Portsmouth enter administration

Portsmouth enter administration
© PA Photos
Portsmouth go into administration for the second time in as many years following a hearing at the High Court in London.

Portsmouth have fallen into administration for the second time in two years.

The struggling Championship side have avoided a winding-up order from the HM Revenue and Customs over a tax bill of £1.6m which has yet to be paid.

Pompey face an automatic ten-point penalty deduction, which will drop them into the relegation zone from 18th place in the league table.

Despite already losing substantial points, it has emerged that the former Premier League club could face another penalty deduction due to the fact that they have dropped into administration for the second time in 24 months.

A court heard today that the club are struggling to keep up with gas and electricity payments as well as wages for the majority of the Portsmouth staff.

The South Coast club's second fall into trouble started when parent company Convers Sports Initiatives went into administration, followed by failed tax payments of up to £800,000 in December and January.

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Paul Jewell
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2Derby CountyDerby462881078374192
3Bolton WanderersBolton462512986513587
4Peterborough UnitedPeterborough462591289612884
5Oxford UnitedOxford Utd4622111379562377
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7Lincoln CityLincoln4620141265402574
8Blackpool4621101565481773
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11Leyton Orient461811175355-265
12Wigan AthleticWigan462010166356762
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16Charlton AthleticCharlton461120156465-153
17Reading461611196870-253
18Cambridge UnitedCambridge461212223961-2248
19Shrewsbury TownShrewsbury46139243567-3248
20Burton Albion461210243967-2846
21Cheltenham TownCheltenham46128264165-2444
RFleetwood TownFleetwood461013234972-2343
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