The Premier League have today rejected Portsmouth's transfer appeal to sell off their players outside of the transfer window, saying it "would not be appropriate", leaving Pompey almost just a week left from liquidation.
Premier League reject Portsmouth's transfer appeal statement read:
"The Premier League board can confirm they have been actively considering a request from Portsmouth to transfer players outside of the Transfer Window.
"We are grateful for positive assistance from FIFA and the FA but, having given the matter further consideration and taking into account all factors, the Premier League board have decided that this would not be an appropriate course of action at this time."
Portsmouth are reportedly £60million in debt and facing a petition from HM Revenue and Customs in the High Court next month. The south coast club is desperately looking for new owner to takeover.