Portsmouth FC , who have debts of somewhere around £60m, have become the first ever Premier League club to enter administration.
The club will be docked nine points as a result and face almost certain relegation to the Championship – as if that wasnt already on the cards already, being 8 points from safety. The points deduction will leave them 17 points behind with 12 games left to play.

Pompey, who have had four owners this season, were due to face a winding-up order on March 1st but decided to go into administration in a bid to survive.