Decision on council bail out funds for Pompey

Portsmouth fans will find out the fate of their club Credit: PA

Portsmouth City Council will sit for an emergency meeting later to decide whether the authority should lend the Pompey Supporters Trust almost one and half million pounds.

The trust would use the short-term loan to increase their bid for Portsmouth Football Club. The team faces liquidation if a deal with some senior players cannot be reached by tomorrow.

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Pompey: "cautiously optimistic"

Portsmouth City Council are holding an emergency meeting to decide whether to lend the football club money.