Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

Levy
FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Portsmouth fined by the Premier League

Mon 22nd Mar 2010 | Money & Finance

Portsmouth have been fined by the Premier League for a "series" of rule breaches this season.

Pompey have endured a turbulent campaign and to entered administration in February.

A nine-point deduction was confirmed last week to leave Pompey facing almost certain relegation, though the immediate future of the club looks more stable and administrator Andrew Andronikou is hoping to find a new buyer.

And news has now emerged they must pay the Premier League a reported £1million fine.

And the Premier League will not have to wait like most of the creditors as they will take it from the £6million TV money and other funds withheld from Pompey.

"Portsmouth have been fined for a series of breaches of our rules and regulations during the course of this season," a spokesman said in The Sun.

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Watford FC: An Unlikely Financial Success Story?

Wed 26th Apr 2017 | Money & Finance

The business model carried out by the owners of Watford FC is unlikely to be adopted by too many sectors outside of football, but by hiring and firing a conveyor belt of managers, they have managed to...

Newcastle United & West Ham Face Tax Investigation

Wed 26th Apr 2017 | Money & Finance

Newcastle United and West Ham United have been targeted by HMRC for alleged Tax and National Insurance fraud. Officers are understood to have raided the offices at St James’s Park and the London...

Premier League Revenues Grow But Losses Return

Thu 20th Apr 2017 | Money & Finance

Premier League clubs’ revenues increased to a new record of £3.6bn in 2015/16, according to Deloitte, the business advisory firm. Analysis of the financial results of Premier League clubs...

7 Tips From The Best Online Football Merchandise Stores

Thu 13th Apr 2017 | Money & Finance

CEO, Lewis Holland and the team at DiscountIF team have been studying various merchandise stores of football clubs in the UK. This article was originally posted here. We’ve compiled a short list...