Source: Daily_Mail
Balram Chanrai to plough another £15m into Portsmouth just to keep them going
Portsmouth will be kept alive by another £15m cash injection from owner Balram Chainrai even while the High Court questions his right to put the Premier League club into voluntary administration.[LNB]Another baffling day of who owes what, to whom and how much unfolded amid legal arguments and counter-arguments about whether the Hong Kong-based businessman can provide evidence that he has put his own money or that of his company Portpin Limited into Portsmouth at all. [LNB] Endless woe: Portsmouth players (from left) Jamie O'Hara, Ricardo Rocha, Hermann Hreidarsson and David James [LNB] Sold? Fratton Park could be transferred to Balram Chanrai[LNB]If he cannot provide proof to the High Court in a fortnight's time,Portsmouth could be back wavering between administration andliquidation once more.[LNB]The club's debts as of the middle of February were revealed to be£86m if the resale value of the club's players are not taken intoaccount. [LNB]Administrator Andrew Andronikou said: 'The Revenue are now on recordthat subject to the way it is funded, administration is the best wayforward for the club. It was great just for that, and that's why I'msmiling.'[LNB] Fratton Park to let: Portsmouth set to sell stadium to owner Balram Chanrai, reveals taxmanPortsmouth told they must pay £7m by the end of the month in High Court showdownPortsmouth face new court threat as HMRC challenge club's administrationPompey buy-out boost as New Zealand businessman says: I'm still interestedPortsmouth administrator insists he can challenge nine-point deductionPORTSMOUTH FC
