Portsmouth To Enter Administration On Friday; Unless Another Investment Is Found.
In a statement on the clubs website, Portsmouth FC owner, Balram Chainrai, has announced that unless new owners can be found by this coming Friday 26th February the cash strapped club will enter administration. Chainrai, has been meeting potential investors in London all week however he has admitted it is unlikely that new investors will be found before the clubs winding up hearing.
EPL Talk @ Feb 23, 2010 11:56 AM EST | Blog Profile
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