On Tuesday, a High Court judge ordered a hearing to be convened in a fortnight's time to ascertain whether the administrator was validly appointed. Mr Justice Norris insisted the "shadow over the appointment should be removed". He also directed Portsmouth to provide evidence of "each and every sum" which Portpin - the company of Hong Kong businessman Balram Chainrai, who has a controlling interest in the club - lent to the club and also "full particulars" of any money paid to Portpin and Mr Chainrai by the club. Andronikou said that was, specifically, a matter for Portsmouth the company and his job of selling the club would continue unaffected. "They have asked for some information to substantiate the chargeholder's debt, which we have got anyway," he said. "It is not me, if you look at the semantics of the order, it is the company. "The company have to provide the information so I am just getting on with what I have to do. "HMRC have a right to ask questions and we have answers so we are moving on as normal. "We are all very relaxed. It doesn't affect things whatsoever. In terms of what I am doing everything is continuing as normal. "It is just as it was on Friday." Andronikou had a meeting scheduled with the Premier League today, at which he hoped to persuade them to waive the nine-point deduction for entering administration, but that was postponed in light of the High Court hearing. The Premier League are now considering the comments of the judge before deciding how to proceed. Portsmouth went into administration on Friday with estimated debts of £78million, including an outstanding tax bill of £12.1million. Gregory Mitchell QC, told the High Court HMRC wanted to know how a "succession of owners of the club have allowed such enormous debts to accrue". "How is it possible that this once-great club has become insolvent with liabilities exceeding assets by a figure of £65 million?" he said. "There are serious questions which arise and require a full investigation into the financial dealings between the various owners of the club, which at the moment are shrouded in mystery. "If this club can be rescued by a process of administration, then that is to be welcomed by all, including HMRC." However, Mitchell said HMRC's support for the plans to rescue the club were qualified by concerns. "Have these administrators been validly appointed?" he asked, pointing out if they had not they could not act for the club. "The question of validity is a fundamental issue and that has to be determined one way or the other as quickly as possible. "Our concern is that there should be a full and independent investigation of the position and the transactions between the club and Mr Chainrai. "If there is no proper evidence of funds having been provided to the administrators to meet the club's financial needs, then there is a real danger the administration will fail to achieve the proper purpose." Simon Barker QC, representing Portsmouth, said Portpin were providing £15million to keep Portsmouth afloat until the end of the season. The administration must continue, he said, to allow a purchaser to refund the club. "There is no reason to impugn the conduct of these administrators at all," said Barker. "There is no reason the court should have any doubts about their appointment and independence. "The administrators want the air cleared in a way which allows them to get on with their task." Andronikou said the fact HMRC had backed Portsmouth's administration plans was to be applauded and that progress was being made on attempts to sell the club. "The positive thing that came out today was that HMRC said administration was the best route, so they have now come on record which is great for everyone at the club," the insolvency practitioner from UHY Hacker Young. "Everything is going according to plan and falling into place. The most important thing is now is to sell the club. "It is very positive. I have had meetings today. I made the bold statement that I need proof of funds before I talk and that is happening now. "I've not only got to sell the club I've got to sell it to the right people."
