Gary Leeds
Well-known member
- May 5, 2008
- 1,526
I believe Portsmouth broke league rules by not having certain things in place (Failing to settle the first CVA being the main one), the 10 point deduction is not for exiting admin, it was a condition laid down by the FL for the transfer of the Golden Share to a new company. They also broke FL rules regarding the length of time they were in admin. The administrators begged the FL not to start them on -10 to help try and sell the club to someone willing to pay more cash than the fans trust. So if the FL decide to defer it till next season then tough poop, if you don't like it then fornicate away to the Ryman league and start from scratch. You may have a 10 point deduction next season but you will still be 4 divisions higher than you deserve to be so count yourself lucky!!!
oh and to quote the FL
A further 5 years of sanctions
All information taken from : Portsmouth administrator hits out at 10 point deduction from Football League - Mirror Online
oh and to quote the FL
They must pay all their football creditors in full, unless mutually acceptable compromise agreements are put in place.
Finally, Pompey will also face a range of other restrictions on playing budgets, future borrowing and loan repayments for the next five seasons.
A Football League statement read: "The Board of The Football League has agreed to make an offer of membership to the eventual purchaser of Portsmouth Football Club.
"The offer is subject to the successful bidder accepting a number of conditions that seek to ensure the sporting integrity of league football and the financial viability of the club going forward.
"The Football League Board has absolute discretion as to whether to admit any new company as a member of The League. In doing so, it has to strike a balance between giving a club another chance and the effect this has on sporting competition between clubs."
A further 5 years of sanctions
All information taken from : Portsmouth administrator hits out at 10 point deduction from Football League - Mirror Online