Portsmouth fined by Premier League
Portsmouth have today been fined by the Premier League after breaching a series of rules and regulations this season.
The League said that it had no option but to hand the south-coast club a number of financial penalties for the rule breaches.
A spokesman for the League confirmed: “Portsmouth have been fined for a series of breaches of our rules and regulations during the course of this season.”
The fine has been reported as being in the region of £1m (€1.11m) and is understood to relate to the club’s late payment of wages to playing staff and late payment of outstanding transfer cash.
Earlier this season, the Premier League used £7m (€7.8m) of TV money due to be given to Pompey to pay off outstanding transfer fees to other clubs.
Portsmouth entered administration in February and a nine-point deduction was confirmed last week, leaving the club facing almost certain relegation.
The fine will be paid to the Premier League out of the club’s share of television money.
