Source: Daily_Mail
Portsmouth win green light to sell players before the end of the season
The Premier League have given cash-strapped Portsmouth the green light to sell players.[LNB]Andrew Andronikou, the club's administrator, had a meeting with the Premier League yesterday who effectively gave Portsmouth permission to open a transfer window to help raise funds.[LNB]Who is up for grabs in the Portsmouth super sale? And which clubs are ready to pounce?The arrangement, which should be in operation by the end of the week, will see Portsmouth sell players to other teams who would then be loaned back to Pompey until the end of the season.[LNB] Up for grabs: Portsmouth can now sell players to raise cash[LNB]Pompey appealed to the Premier League last month to be allowed to sell players outside the transfer window in a bid to ease their financial troubles but thatwas rejected.[LNB]However, following a board meeting last week where Portsmouth's nine-point penalty for going into administration was confirmed, the Premier League have decided to grant them permission to make sales in certain circumstances.[LNB]A Premier League statement read:'The Premier League board meeting that convened last week to consider the administration of Portsmouth FC dealt with a number of matters beyond just the application of the sporting sanction (deduction of nine points).[LNB]'In accordance with Premier League rules, postponement of the suspension of Portsmouth FC as a member club was conditional on a numberof undertakings beinggiven by the administrators.[LNB]'These havenow been received to the satisfaction of the board and therefore it hasdecided to allow Portsmouth FC to make player sales under the followingcircumstances:[LNB] Pain: Boss Avram Grant has endured a tough season[LNB]'1. Players may be sold to other Premier League clubs but may not play first-team football for the new club before the end of the season.[LNB]'2. Players may be sold to a Football League or foreign club, subject to FIFA's approval.[LNB]'3. Portsmouth FC may enter into an agreement with another Premier League, Football League or foreign club that a player will be transferred to that other club in the summer.'[LNB]Portsmouth confirmed on February 26 they had gone into administration and they were deducted nine points last week, meaning relegation is all but confirmed, with last weekend's victory over Hull leaving them 14 points adrift of safety with only eight games remaining.[LNB]Going into administration meant the club avoided a winding-up order from HM Revenue and Customs and administrator Andrew Andronikou revealed earlier thismonth he was receiving 'enquiries on a daily basis' regarding a takeover.[LNB]Player sales would enable Pompey to reduce their considerable debts, but Andronikou stressed today there is no immediate need to cash in on that option,particularly given the income generated by Avram Grant's side's run to the FA Cup semi-finals.[LNB]He told Sky Sports News: "This has effectively given us an option if we need it but at this moment I want to emphasise we're not necessarily going to sell players.[LNB]'At the moment we don't necessarily need (the money from sales). We're in a semi-final, which we're looking forward to, and that's obviously given us working capital to play with. And I've always said, we've had means within the club. So it's a window that's open to us.'[LNB] Pompey jobs saved thanks to whipround by Grant and his playersRedknapp blasts O'Hara after loan star admits he wants Spurs out of FA CupPORTSMOUTH FC
