The Portsmouth Supporters' Trust is receiving a loan of £1.45m from the City Council. The Trust will pay the money back in full after five months in charge.
The council agreed to provide the money because administrators must file papers to the High Court today. The council heard that Pompey's financial situation had shown a great improvement.
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Some sunny spells to start but turning cloudier through the day and staying breezy.
Dry but breezy tonight, cloud and some bright spells on Sunday.
Dry but breezy this evening and overnight with cloud and sunny spells tomorrow.