((HT: Bloomberg))
Portsmouth faces another court hearing tomorrow since the British government is contesting the Premier League club's right to legal protection from creditors.
The government's revenue and customs authority tried to shut down Portsmouth over unpaid taxes and is challenging the High Court's ruling last week that allowed the club to enter bankruptcy protection.
Just so you know, the revenue and customs authority is the last creditor in line to get any part of Pompey's debt.
Portsmouth is the first English Premier League team to enter administration, as the protection is known... think of it on this side of the pond as a team going bankrupt and being on the verge of getting liquidated, dissolved, or otherwise dropped off the planet in whatever league they're playing in...
Court-appointed administrator Andrew Andronikou has said he will cut costs in an effort to keep the club in business.
There's talk of players even being sold to other squads and being loaned back to Portsmouth to finish the season.
Ryan Chilcote is at stadium, live, and apparently getting rained on...
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