Portsmouth To Go Into Administration This Week
Portsmouth are set to become the first Premier League club to go into administration after owner Balram Chainrai served notice of his intention to put the club into the hands of insolvency experts on Friday.
Chainrai said it was now unlikely that a takeover deal would be done before the end of the week and administration will prevent the club from being wound up in the High Court on Monday.
Soccer Tickets Online @ Feb 23, 2010 6:11 PM EDT | Blog Profile
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