Lawrence leaves Pompey and saves club from administration

Lawrence leaves Pompey and saves club from administration

Portsmouth will not go into liquidation today after Liam Lawrence, the last remaining senior player on the books at Fratton Park, agreed to leave the club.

Midfielder Lawrence has reached a compromise agreement with Pompey’s administrators, paving the way for former owner Balram Chainrai’s company Portpin to buy back the stricken south-coast club.

Administrator Trevor Birch had set a deadline of today for every senior player to be off the wage bill, otherwise he would have to close Pompey down.

“We have negotiated a compromise agreement with Liam Lawrence, who will leave the club when the paperwork is finalised later today,” read a statement on www.portsmouthfc.co.uk

“I’d like to thank Liam for his support and all of the other players for putting the club’s interest ahead of their own. They have all had to make very difficult decisions and been placed in an impossible position which wasn’t of their making.”

More in this Section

Football rumours from the mediaFootball rumours from the media

Coronavirus: Rugby Australia stands down 75% of workforceCoronavirus: Rugby Australia stands down 75% of workforce

USA Rugby files for bankruptcy due to financial challenges caused by coronavirusUSA Rugby files for bankruptcy due to financial challenges caused by coronavirus

‘You don’t know where we are going to end up, or when we’re going to be back racing’‘You don’t know where we are going to end up, or when we’re going to be back racing’


Lifestyle

Ellie O’Byrne rounds up some of the virtual gigs, films and other eventsArts Noticeboard: Online entertainment options

It’s 25 years since Toy Story first stunned us with its brilliance. Esther McCarthy looks back onJohn Lasseter’s masterpiece and why it’s regarded as a milestone of modern cinemaInfinity and beyond: How Toy Story altered movie history

All the wines recommended this week are available for delivery.Wine with Leslie Williams: Looking for a wine delivery service? Here are a few ...

If I could be reborn for a day I’d be a cat. I love their serenity and independence and how they always manage to find that one shaft of sunlight.This Much I Know: Broadcaster, Mary Kennedy

More From The Irish Examiner