A spokesperson for the Judicial Communications Office said: "At the High Court today Mr Justice Newey dismissed an application from Portsmouth City (sic) Football Club Limited for a winding up petition to be struck out. A further hearing to consider HMRC's winding up petition will take place in due course."
Pompey had hoped that the court would strike off the £7.5 million, with Mark Jacob claiming that HMRC had been paid off but the case has been dismissed and the club is now in serious trouble.
We simply have to sell our star players now if we're to survive this latest blow. Expect Kaboul, James and Belhadj to leave and with the embargo in place there will be nobody to replace them, which will surely result in relegation.
But relegation should be the least of our worries at the moment. If the worst happens then we won't have a club to support after February 10th.