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	28	17	8	3	53	19	34	59
2	Sheffield United Sheff Utd	28	18	6	4	40	18	22	58
3	Burnley	28	15	11	2	36	9	27	56
4	Sunderland	28	15	9	4	40	22	18	54
5	Middlesbrough	28	12	8	8	46	34	12	44
6	Blackburn Rovers Blackburn	28	12	6	10	31	26	5	42
7	West Bromwich Albion West Brom	28	9	14	5	33	24	9	41
8	Watford	28	12	5	11	39	39	0	41
9	Bristol City	28	9	11	8	35	33	2	38
10	Queens Park Rangers QPR	28	9	11	8	32	35	-3	38
11	Sheffield Wednesday Sheff Weds	28	10	8	10	40	45	-5	38
12	Norwich City Norwich	28	9	9	10	43	41	2	36
13	Coventry City Coventry	28	9	8	11	37	37	0	35
14	Oxford United Oxford Utd	28	9	8	11	33	43	-10	35
15	Swansea City Swansea	28	9	7	12	31	35	-4	34
16	Preston North End Preston	28	7	13	8	30	35	-5	34
17	Millwall	27	7	10	10	26	26	0	31
18	Portsmouth	27	7	8	12	35	46	-11	29
19	Stoke City Stoke	28	6	10	12	26	36	-10	28
20	Cardiff City Cardiff	28	6	10	12	31	43	-12	28
21	Derby County Derby	28	7	6	15	31	38	-7	27
22	Hull City	28	6	8	14	27	38	-11	26
23	Luton Town Luton	28	7	5	16	29	47	-18	26
24	Plymouth Argyle Plymouth	28	4	9	15	25	60	-35	21