Portsmouth received a much-needed boost with the news the Premier League will allow the club to sell players immediately.
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 that was rejected.
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.
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).
"In accordance with Premier League rules, postponement of the suspension of Portsmouth FC as a member club was conditional on a number of undertakings being given by the administrators.
"These have now been received to the satisfaction of the board and therefore it has decided to allow Portsmouth FC to make player sales under the following circumstances:
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.
2. Players may be sold to a Football League or foreign club, subject to FIFA's approval.
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."
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