Fratton Park outfit now have the mother of all mountains to climb!
Crisis club Portsmouth have been docked nine points by the Premier League for going into administration last month.
It means the bottom-placed side are now 17 points from safety with nine games left, making relegation almost certain.
With debts of about £60m, Pompey became the first Premier League club in history to enter administration.
Manager Avram Grant said last month: “Football should be decided on the pitch not in the courts, not in the Premier League offices.”
The announcement came a day after HM Revenue and Customs (HMRC) formally dropped its challenge over the validity of the club’s move into administration.
In a statement, the Premier League said: “Following the High Court’s decision that Portsmouth FC’s administration is valid the Premier League board convened to apply the League’s rules and policies in relation to a member club suffering an event of insolvency.
“As a result Portsmouth FC has been deducted nine points with immediate effect. As part of this process the board met with the administrator to agree how we will work together for the remainder of the season to ensure that the club is able fulfil its commitments.”
Premier League rules dictate that clubs entering administration are automatically deducted nine points – a point less than in the Football League as there are fewer clubs in the division – and means Grant’s side are now firmly rooted to the foot of the table, 14 points behind Burnley and Hull, in 18th and 19th spot. (BBC Sport)
So if your a betting man, or just someone who likes to take massive risks, now would be the time to put your life savings on Pompey staying up. One can only imagine what odds you would get on that miracle occurring.
Clearly no one wants to see a club punished in this manner but its unavoidable if you run your club is such a shoddy manner. Peter Storrie and Co. have a lot to answer for and expect a few legal battles in the coming months as blame is rightly apportioned.
It remains to be seen whether the south coast side will have make further player sales in order to stave off further financial heartache but the club would do well to keep hold of Avram Grant as he would be the type of boss who could engineer a swift return to the top tier.