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Portsmouth begin fight against administration today

Portsmouth will scramble today to avoid going into administration.

The Times says the club, thought to be as much as £60 million in debt, go to the High Court on Wednesday to try to prevent Revenue & Customs winding them up in pursuit of about £7 million in unpaid taxes.

At the same time, Balram Chainrai, the new owner, will have to undergo an inquisition from Premier League authorities under the "fit and proper persons" test, including a face-to-face interview.

Chainrai's financial links with Arcadi Gaydamak - the father of Alexandre, one of Portsmouth's previous owners - and other associates are to be put under the microscope by corporate intelligence experts.

As many as three potential buyers have made their interest known, but the complexity of Portsmouth's ownership and finances are said to be deterring some buyers, particularly because Chainrai now owns Fratton Park.

  Check out the latest episode of 'Gunner Talk' as fans plead for a new striker, welcome back Sol Campbell and send a message to Chelsea captain John Terry:

 

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