Wednesday, December 30, 2009

Portsmouth face wind up petition

Portsmouth fans at the FA Cup final in 2008.
Portsmouth won the FA cup in 2008

Portsmouth Football Club has been issued with a winding up petition by HM Revenue & Customs, the BBC has learned.

The petition was presented on 23 December but a full court hearing will not take place until February.

If the club is unable to strengthen its financial position by then, the club could be declared bankrupt.

Portsmouth has been the subject of much takeover speculation and has reportedly been unable to pay some player wages.

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