Sorry if this is sounding daft but what is the difference between Portsmouth going into administration with 70 mill of debt plus owing HMRC at least £8m.
Surely they wouldn't just liquidate us if this is the case see the links below:
https://www.bbc.co.uk/sport/football/16943651
https://www.theguardian.com/football/2010/feb/26/portsmouth-premierleague