Portsmouth enters bankruptcy protection again

Updated: 17 February 2012 17:30 IST

English football club Portsmouth has been forced to enter bankruptcy protection for the second time in two years.

London:

English football club Portsmouth has been forced to enter bankruptcy protection for the second time in two years.

The 2008 FA Cup winners are set to be deducted 10 points in England's second division, which would only leave them out of the relegation zone on goal difference.

Portsmouth's application to go into financial administration was approved at London's High Court on Friday after racking up debts of about 4 million pounds ($6 million).

Portsmouth's parent company, Convers Sports Initiatives, went into administration in November.

Topics : Football
Related Articles
Cristiano Ronaldo Will Remain Real Madrid Player For '2-3 More Years', Says Zinedine Zidane
Cristiano Ronaldo Will Remain Real Madrid Player For '2-3 More Years', Says Zinedine Zidane
Picture This! Pensive Neymar Stirs Renewed Paris Saint-Germain Fever
Picture This! Pensive Neymar Stirs Renewed Paris Saint-Germain Fever
Alvaro Morata Completes Chelsea Move, Targets Silverware
Alvaro Morata Completes Chelsea Move, Targets Silverware
Show Comments
Advertisement