Pompey deny administration claims

[BBC Sport]

Portsmouth issue a strongly-worded statement denying rumours they are planning to go into administration.

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[IanC]

They need to sort the club out. Somethings not right there.

 

[Aannddyy]

How much debt are they in exactly? I thought the new owner could handle everything financially now..

 

[Deano]

Well the first guy bought them then sold them to some Faraj guy because he couldn't handle the debt.

I think they need to make 16.5M worth of by a certain date (quite soon) and it is to do with unpaid installments of past transfers and sell on fees (lassana diarra, glen johnson are the quiet a noticable two) but I'm not too sure tbh