Portsmouth to enter administration for second time
Stricken Fratton Park club likely to be docked 10 points
PORTSMOUTH FOOTBALL club is to go into administration for the second time in two years.
The players and the club’s coaching staff have been informed with an announcement expected on Monday night or on Tuesday morning, according to news reports.
The taxman issued the club with a winding up order earlier this year for an unpaid tax bill of about £1.6m.
As part of the winding up order all assets at the club have been frozen including bank accounts restricting management’s ability to pay staff and players.
Portsmouth’s administrator, UHY Hacker Young, was unavailable for comment.