Select a Team

Pompey suffer new blow

Fears grow for Pompey's future

Last Updated: 30/12/09 5:21pm

  • Share:

Sky Bet

    • Retrieving latest Sky Bet odds

Portsmouth have been issued with a winding-up petition by HM Revenue & Customs.

The cash-strapped club have endured a miserable season on and off the field this term with Pompey sitting rock bottom of the table and having a transfer embargo placed on them due to their financial problems.

Players and staff have seen their wages delayed twice already this year as Pompey look to pay off the debts hanging over the club.

Portsmouth are believed to owe over £10million in fees to other English clubs and it has been suggested they will have to sell more of their stars to pay off the debt.

The news that a winding-up petition has been issued will raise doubts over the long-term future of the club as they try to find the funds to keep Pompey running.

The petition was presented on 23rd December but a full court hearing will not take place until February.

If the club are unable to improve their situation, they could be placed into liquidation.

  • Share:

Related

Most Popular

Features

VOTE: Leicester in 2016/17

VOTE: Leicester in 2016/17

Where will Premier League champions Leicester finish next season? Have your say here...

How Leicester did it differently

How Leicester did it differently

Leicester's Premier League win has been like no other. From style to selection, here's how they did it their way...

Signing of the season?

Signing of the season?

Why N'Golo Kante is the signing of the season after his pivotal role in Leicester's title triumph.