Premier League club Portsmouth have had their winding-up order over an unpaid tax bill to HM Revenue and Customs adjourned for at least nine days.
The Premier League strugglers were at the High Court on Wednesday to face a winding-up order over their growing debts.
Portsmouth drew their last game 1 – 1 at home to Sunderland
The court heard that Portsmouth owed more than £11.5million in unpaid taxes with representatives from the revenue informing the court that Pompey are insolvent.
However, Portsmouth representatives told the court they have received ‘two serious offers’ to buy the club.
Portsmouth will learn their fate at a second hearing, with the earliest opportunity for a hearing on Friday 19th February, although the date has yet to be confirmed.
Pompey could face administration and a 10-point deduction should the winding-up order be made next week if Portsmouth fail to come to a new agreement to pay the unpaid tax bill.