11:47am Monday 22nd March 2010
PORTSMOUTH Football Club have been fined £1m for breaking league rules.
The Premier League today confirmed they had hit problem-club Pompey with the punishment.
According to a spokesman for the Premier League, the fine is for 'a number of breaches of rules and regulations'.
There were no specifics were given in the statement, but it is thought the punishment is for paying players and staff late, as well as delays in paying transfer fees.
The Premier League will take the money from the next instalment of television money due to Portsmouth.
This means they will not have to worry about being creditors of the club - they will simply take it out of the £6m the club would get, before giving it to the Fratton Park side.
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