Pompey granted stay of execution
Portsmouth were kept in business yesterday following a High Court hearing and now have a week to prove they have an adequate plan to pay off their debts.
Registrar Christine Derrett gave Pompey seven days to detail their financial situation in a “statement of affairs” to Her Majesty’s Revenue and Customs, who have lodged a winding-up petition for the Barclays Premier League’s bottom club over unpaid tax.