The BBC is reporting that Portsmouth have failed to get a deal done with the HMRC today and so face administration. This could be the end for Portsmouth. They have no money and are bumping along the bottom of the Premier League. Cast your predictions for whether you think Portsmouth will still be with us at the end of the season.
The BBC article…
“Portsmouth still face a winding-up hearing after Her Majesty’s Revenue and Customs rejected a cash offer from the club, BBC Sport understands.
Pompey offered a down payment to settle debts of about £7m with HMRC.
But HMRC also wanted a schedule for the repayment of the rest of the debt, which the club could not provide.
So Portsmouth face a High Court winding-up hearing at 1130 GMT which could result in the club’s liquidation, or the club entering administration.
Portsmouth are still keen for a 28-day adjournment and their manager, Avram Grant, said: “I ask the court to think not about the situation they see on the papers, football is not just papers.”
Voting is closed now!
The correct prediction was: Yes
20.0% of the people predicted "Yes"
80.0% of the people predicted "No"
Closing Date: May 8, 2010 | 1 pointWhat people are predicting (5):