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Administration woe returns to haunt Pompey
PORTSMOUTH are back in financial turmoil after their chairman, Vladimir Antonov, resigned and the club’s parent company, Convers Sports Initiatives, went into administration.
The blow does not plunge the Championship side back into administration – 19 months after they first were – but could lead to a points deduction of between 10 and 25 points. Pompey chief executive David Lampitt said: “After the extraordinary amount of work put in by so many people over the last 18 months it is incredibly disappointing for the club to find itself in this position.”