7 days for Portsmouth to sort it out
February 10, 2010
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PORTSMOUTH IN CRISIS
May 2009: Club accept takeover bid from Sulaiman Al Fahim
Oct 2009: Al Fahim sells 90% of his shares to Ali Al Faraj
Oct 2009: Premier League issues embargo on Portsmouth registering new players
Dec 2009: Portsmouth fail to play players for a third time
Jan 2010: Premier League confirms it will distribute TV payments directly to Portsmouth’s creditors. Transfer embargo lifted
4 Feb 2010: Hong Kong businessman Balram Chainrai’s company Portpin takes a controlling interest
9 Feb 2010: Portsmouth fail to agree a deal with HMRC to pay their outstanding tax bill
10 Feb 2010: High Court grants club seven-day stay of execution
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- Portsmouth seek High Court adjournment to winding-up order (telegraph.co.uk)
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