Portsmouth out of administration

Portsmouth are out of administration after Pompey Supporters' Trust buys the club.

Published: April 19 2013 | 21:16

Last updated: April 19 2013 | 22:40

Portsmouth have moved out of administration following the Pompey Supporters' Trust's purchase of the League One club.

The financially-stricken outfit went into administration in February 2012, but a settlement between the former owners and administrators allowed a takeover by fans.

Nearly £3m has been raised by the Trust in order to save the club from liquidation.

The Football League will now decide when to deduct Portsmouth 10 points for officially exiting administration.

The team's relegation from League One was confirmed on Tuesday night with Oldham Athletic's 1-0 win over Yeovil Town.

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Premier League Table

	Team	P	W	D	L	F	A	GD	PTS
1	Leeds United Leeds	16	9	5	2	28	12	16	32
2	Sunderland	16	9	5	2	26	12	14	32
3	Sheffield United Sheff Utd	16	10	4	2	21	9	12	32
4	Burnley	16	8	6	2	19	6	13	30
5	Middlesbrough	16	8	3	5	29	19	10	27
6	West Bromwich Albion West Brom	16	6	8	2	18	11	7	26
7	Watford	16	8	2	6	25	24	1	26
8	Millwall	16	6	6	4	19	14	5	24
9	Blackburn Rovers Blackburn	15	6	4	5	19	17	2	22
10	Bristol City	16	5	7	4	20	20	0	22
11	Derby County Derby	16	5	5	6	20	20	0	20
12	Stoke City Stoke	16	5	5	6	19	20	-1	20
13	Norwich City Norwich	16	4	7	5	25	24	1	19
14	Swansea City Swansea	16	5	4	7	14	14	0	19
15	Sheffield Wednesday Sheff Weds	16	5	4	7	18	26	-8	19
16	Luton Town Luton	16	5	3	8	18	26	-8	18
17	Coventry City Coventry	16	4	5	7	22	23	-1	17
18	Oxford United Oxford Utd	16	4	5	7	19	24	-5	17
19	Plymouth Argyle Plymouth	16	4	5	7	17	28	-11	17
20	Preston North End Preston	16	3	7	6	16	24	-8	16
21	Cardiff City Cardiff	16	4	4	8	15	24	-9	16
22	Hull City	16	3	6	7	16	21	-5	15
23	Portsmouth	15	2	6	7	16	28	-12	12
24	Queens Park Rangers QPR	16	1	8	7	13	26	-13	11