Bad news for Pompey condemned to Second Division (Championship)
From: Soccer Business World
POMPEY POINTS DEDUCTION HAS BEEN CONFIRMED.
Whereas clubs of the BIG 4 or 5 teams if you want to add Man City make tons of money and attract many investors; Portsmouth have officially docked nine points by the Premier League. With only 10 pts now (19 pts before the deduction) It virtually condemns the competition’s bottom side to relegation to the Championship.
The Premiere League board said:
“Following the High Court’s decision that Portsmouth FC’s administration is valid the Premier League board convened today 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.”
Bad news in Fratton Park!