Business of Sport Debate on 5Live

spoons":u6ps1xik said:

Oh and Pompey will get their £13M the same as every team that goes down (let them have a £13M start over those clubs that don't overspend)

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That £13million will, assuming that a fair and proper administrator is appointed to Pompey and not this dodgy-sounding Andronikou fellow, be used to pay the debts to the various outstanding creditors: assuming Portsmouth would be in a position to actually sign players, they'll be freebies playing for roughly the same amount of peanuts we currently offer.

Liffrok":u6ps1xik said:

And the tragic thing is that nothing will change. Portsmouth will survive, probably get back into the PL with their nice new debt of zero...

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Am I the only one who can't see this future for Portsmouth? Firstly, the Premier League has only one interest: that a team does not go bust while in the Premiership. Once they're relegated to the Championship - bugger them. They'd be replaced by the likes of Newcastle or teams like Leicester with Premiership-quality stadia, not that shabby Fratton Park rubbish.

Assuming the administration is confirmed by the courts, Pompey will HAVE to enter into a CVA to exit administration - and given that the HMRC are challenging them entering administration and questioning the impartiality of Andronikou, it is very unlikely the HMRC are going to agree to a CVA, meaning a further massive points reduction.

Entering administration isn't meant to be an easy way to wipe the slate clean of all debts: it is meant to be the very last choice before a club is liquidated. It isn't meant to be taken lightly, even if it is deemed so by the press and certain chairmen. It is more likely that Pompey will be fighting to stay in the Championship this time next season, rather than knocking on the doors of the Premier League.