Portsmouth administrator Trevor Birch has revealed the club may not be able to complete the npower Championship season.
Birch says Pompey, who entered administration last month, will not receive parachute payments from the Premier League as they will go straight to former owner Sacha Gaydamak.
In a statement on the club's website, www.portsmouthfc.co.uk, Birch said: "Following our discussions with the Premier League and Football League over the past few days, it has emerged that Portsmouth Football Club is unlikely to receive any further parachute payments or other league funding."
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