Soccer:Portsmouth's application to go into administration was approved today by an English High Court judge. Mr Justice Norris said he intended to appoint an administrator after the hearing began this morning. Portsmouth applied to go into administration earlier this week. The hearing was told the npower Championship club has debts of around £4 million (€4.8 million).
Timeline
2009
August 26th:Sulaiman Al Fahim completes takeover.
October 5th:Al Fahim sells 90% of his shares to Ali Al Faraj.
December 31st:For the third time in the season, the players' salaries are not paid on time. They are eventually paid on January 7th.
2010
February 3rd:Portsmouth pay overdue January wages after receiving Younes Kaboul's £5million (€6 million) transfer fee from Tottenham.
February 4th:Hong Kong businessman Balram Chainrai's company Portpin take controlling interest in the club from Al Faraj.
February 26th:Portsmouth confirm they have gone into administration.
March 1st:Revenue and Customs challenge the administration process.
March 10th:Administrator Andrew Andronikou confirms 85 club employees have been made redundant.
March 12th:Peter Storrie steps down as chief executive.
March 16th:Revenue Commissioners drops challenge over move into administration.
March 17th:Portsmouth are deducted nine points by the Premier League for going into administration.
April 10th:Relegation to the Championship confirmed.
May 15th:Beaten 1-0 by Chelsea in the English FA Cup final.
Jun 17th:Tax officials insist the club still owe £37million (€44.5 million) to Revenue.
Jul 15th:Revenue lodges High Court papers to appeal the Company Voluntary Agreement with Portsmouth, which could prevent the club exiting administration.
August 5th:Revenue loses case, clearing Portsmouth to begin the Championship season.
October 22nd:Portsmouth issue a statement claiming "it appears likely that the club will now be closed down and liquidated" by the administrators.
October 24th:Liquidation staved off as Balram Chainrai, Levi Kushnir and Deepak Chainrai buy the club.
2011
June 1st:Convers Sports Initiatives (CSI), led by Russian businessman Vladimir Antonov, complete takeover.
November 29th:CSI enter administration, with Antonov stepping down as Portsmouth owner.
2012
January 24th:Revenue Commissioners issue Portsmouth with winding-up petition.
February 17th:Portsmouth are placed in administration for a second time at the High Court.
