PORTSMOUTH face administration unless they can find a new buyer within the next EIGHT days.
They came up £2m short as the transfer window closed last night.
Not even the last-minute, £3.5m sale of keeper Asmir Begovic, 22, to Stoke will be enough to keep them in business.
Pompey had been banking on selling enough players to pay a £7.5m tax and VAT bill before a High Court winding-up order next Wednesday.
They raised £9.5m by flogging Begovic and £6m Younes Kaboul to Tottenham. But £4.5m of that is accounted for.
Now they must find yet another buyer to pay off the tax man or they will become the first Premier League side to take the administration road at the added cost of a nine-point deduction.
A club insider said: "The end is very close. Unless someone comes in with a load of new cash within the next week, the club will almost certainly go bust. If the winding-up order is upheld, we simply can't pay the Inland Revenue."
Read more: http://www.thesun.co.uk/sol/homepage/sport/football/2834650/Pompeys-eight-days-to-oblivion.html#ixzz0eM1VlElQ
PS : I'm netural