Administration Update: Add Port Vale And Dunfermline (Maybe)

((HT: ITV/BBC))

It's now four...

We've covered the administration efforts of Portsmouth and Rangers. Now, we can add League Two Port Vale to the stacks...

They've even gone to the Stoke city council to see about a 300,000-pound loan. The team is under a transfer embargo, since they failed to pay the players for their February work. And they're currently two points away from the play-off for promotion into League 1, but administration would move them down to 16th in League 2's table.

Here's ITV's coverage and recap


And the version from BBC Midlands


Here's your Portsmouth update, where they maintain that only a grass roots effort of support will keep them around long term...
Here's Captain Liam Lawrence and Manager Michael Apppleton...
((HT: PortsmouthFC))


But word from administrator Trevor Birch isn't good at all from the Portsmouth end... from the Portsmouth website itself...

"We had previously stated that there was a real danger of the club running out of cash before the end of the season.

"The risk of this happening increases substantially without the money from the football authorities.

"Unless something significant happens, there is a real possibility that we may not be able to fulfill the season's fixtures.

"One potential issue appears to come from the assignment of £2.2-million of parachute payments that was made by the old company to a previous owner.

"We have instructed lawyers to challenge this, but the process may take time."

SkySports has done a longer-length story on the "Taxman" and the HMRC's quest to get the "outstanding 100-million pounds unclaimed every year..."


Portsmouth, after their 10-point deduction for administration, sit only one point out of the cellar from Doncaster Rovers. A bottom two finish means they would be demoted from the Championship League to League 1- the equivalent of going from triple-a to double-a in baseball parlance...

Dunfermline is the second team in the Scottish League to take it in the chops- the team approached the League after the Glasgow Rangers' issues reportedly left an £84,000 hole in ticket revenue from a match three weeks ago - three days before Rangers went into administration.

Dunfermline players, management and staff are still getting their February wages in full - 60% has been paid, with 20% more set to follow on Monday - with the club vowing to pay the remaining balances within 10 days.

The front office calls the situation "temporary."