Portsmouth could yet face liquidation after former owner Balram Chainrai withdrew his bid to buy the troubled npower League One club.

Trevor Birch, the administrator charged with looking to find new owners for the crisis club, had managed to offload a number of high-earning players such as Tal Ben Haim, Liam Lawrence and Dave Kitson to push through a sale.

However, Chainrai has revealed that he is now no longer interested in striking a takeover deal.

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