Portsmouth's former owner Balram Chainrai has made an offer to buy back the stricken club.
The offer, from Chainrai's company Portpin, is the only one Pompey's administrators PKF have received but, if it is accepted by creditors, the club could be out of administration within six weeks.
Administrator Trevor Birch said: "PKF has not received bids from any other potential buyers and we do not expect any new bidders to emerge before the club runs out of money."
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