Leicester chairman Milan Mandaric was charged today with two counts of cheating the public revenue, Britain's Crown Prosecution Service (CPS) said.

Portsmouth remain confident they will soon be back on an even financial keel, despite the Premier League being ready to withhold their latest chunk of television money to cover unpaid transfer fees.

Portsmouth players are finally expected to be paid their wages today but the Premier League and Professional Footballers' Association still have serious concerns over the long-term stability of the club.

Portsmouth manager Paul Hart has been assured he will have money to spend in the January transfer window following Ali Al-Faraj’s takeover of the club.

Saudi businessman Ali Al-Faraj has completed his takeover of Portsmouth, the club confirmed tonight.