Saturday, October 23, 2010

Portsmouth liquidation threat

A statement from the administrator yesterday said that unless one of the creditors changed his payment demands the club would be liquidated as the proposed sale would fall through.

This is probably a fair amount of positioning to get a better deal with the threat of the worst outcome if demands are not agreed to. But a serious threat it is, and today's game at Hull could be the last for the club.

A sad end - but I do not think anyone should be overly surprised.

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