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Portsmouth confirm they have entered administration as they do not have enough funds to pay for necessary business bills; having failed to pay player wages three times.
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The Premier League fine Portsmouth 9 points with immediate effect for entering administration, making relegation a large threat.
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Portsmouth are relegated from the Premier League as West Ham United beat Sunderland, making survival impossible.
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Vladimir Antonov's company, Convers Sports Initiatives, complete takeover of Portsmouth FC.
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Portsmouth Owner, Vladimir Antonov, resigns as owner after his company CSI enter administration.
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HMRC have issued a winding-up order to Portsmouth FC having not paid outstanding tax bills, worth up to £1.9m.
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Portsmouth enter administration for the second time in three years due to a lack of funds available to pay necessary bills.
