Date: 14th October 2010 at 4:58pm
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Pompey have failed today in their attempt to come out of Administration. A statement on the club`s website reads –

‘Following a meeting of The Football League Board today, Portsmouth Football Club have been informed that the League are not yet able to approve the transfer of The Football League share to the club.

The League have indicated to the club that there are four further requirements that need to be satisfied.

The club will now take time to consider the feedback from the meeting ahead of further discussions with The Football League.`

What these four requirements are remains to be seen but I suppose we all expected to have our hopes dashed. The wait goes on.

More news as we get it …..