By Micah Hall 26 August 2012 The long saga of Portsmouth football club’s turbulent ownership drama is set to reach a climactic denouement this week, as administrator Trevor Birch chooses between bids from former owner Balram Chainrai and the Pompey Supporters’ Trust. If the Trust succeeds in taking control of their long-suffering club, it will […]

By Nick Harris 22 October 2010 Sportingintelligence can reveal that plans for a new Portsmouth football club, AFC Portsmouth, are well advanced and the organisers behind the proposed new club – which would replace the one threatened imminently with liquidation – have already had secret consultations with football governing bodies about where in the football […]

By Nick Harris 5 August 2010 Portsmouth have won their case against the tax man in a High Court ruling today, securing their immediate future, subject to appeal. The case focussed on the terms of the CVA proposal Pompey agreed with creditors to allow them to emerge from administration. Portsmouth’s barrister, Richard Sheldon, QC, had […]

By Nick Harris 15 June 2010 Portsmouth’s administrator Andrew Andronikou has told sportingintelligence this evening that he is “pretty certain” that his proposal to creditors to take the club out of administration will be accepted at a meeting on Thursday. The plan offers creditors 20p in the pound, and although one major creditor, HMRC, has […]

** In the run-up to the next crucial meeting on Thursday of Portsmouth’s creditors at Fratton Park, Guy Thomas, Head of Insolvency at SA Law LLP , who has blogged extensively on Pompey’s woes, takes a look at the key players in the insolvency of Portsmouth City Football Club in its transition from Premiership club […]

By Nick Harris 21 April 2010 The administrator of Portsmouth, Andrew Andronikou, last month revealed exclusively to sportingintelligence the true extent of the club’s debts was closer to £100m than the £60m widely reported and now in an extraordinary document available for public scrutiny – parts of which we extract here – he has laid […]

By Nick Harris 25 March 2010 EXCLUSIVE The administrator at financially stricken Portsmouth has told sportingintelligence today that the ailing club’s total debt stands at £100m, much higher than the £60m widely reported or the £85m cited in a few places. “The club has got £85m of unsecured creditors, and then [former owner] Balram Chainrai’s  […]

By Nick Harris 28 February 2010 The combined debts of the Premier League’s clubs have fallen by £1.1bn in the past two years, although you wouldn’t know it from reading this in The Guardian, or this in The Independent, or this in The Times, or this in The Telegraph – Britain’s four major “quality” newspapers […]

By Nick Harris 25 February 2010 Portsmouth will tomorrow become the first Premier League football club ever to enter administration after talks with four groups of potential buyers for the ailing south-coast club failed to make material progress ahead of a 3.30pm deadline this afternoon. The administration process is already underway and will be completed […]

By Nick Harris 22 February 2010 (with 23 Feb update at the bottom) Portsmouth are bracing themselves for imminent administration as a means to stop them going out of business altogether, and sportingintelligence understands that insolvency practitioners from the chartered accountancy firm Hacker Young are on standby to handle the administration process. Pompey’s owner Balram […]