Portsmouth’s long-term prospects look much brighter after creditors back a deal which should see the club exit administration this summer.

Portsmouth creditors have been offered potentially 99 pence in the pound – a figure far in excess of the one on the table from the administrator.

Portsmouth’s creditors are to be offered 20 pence in every pound they owe, says the club’s administrator Andrew Andronikou.

Former Portsmouth striker Aruna Dindane joins Qatar League side Lekhwiya.

Goalkeeper David James is interested in becoming new Portsmouth manager, according to the club’s administrator.

Avram Grant resigns as manager of Portsmouth and is immediately tipped to take over at West Ham.

Administrator Andrew Andronikou says Portsmouth will not demand compensation for manager Avram Grant if he leaves, with the Israeli being linked to West Ham.