The chief executive of Portsmouth, which is on the verge of becoming the first Premier League club to enter administration, claims two more parties have come forward with proposals to buy the business.

Peter Storrie's announcement came as the club scrambles to present a statement of its financial affairs by 4pm on Wednesday (17 February) before a High Court hearing on March 1.

It was previously revealed that two potential buyers were interested in the Fratton Park outfit, as it desperately searches for investors to wipe out its £11.5 million unpaid-tax debt.

"We have two more interested now, so hopefully something will come out of this," an optimistic Storrie told The Portsmouth News on Saturday. "One of them is a very serious interest, and I will find out more after this game (against Southampton last Saturday)."

He added: "We will continue to fight hell and water to keep this club alive. I am in regular contact with Sir Dave Richards (chairman) and Richard Scudamore (chief executive) from the Premier League, and we are keeping them up-to-date with the latest proceedings."

It also emerged at the weekend that the Premier League plans to crack down on clubs which mismanage their finances in an attempt to stave off further Portsmouth-style debacles.

From next month, clubs will be asked to submit their accounts and spending plans to independent league auditors, with those whose figures don't stack up facing sanctions like the withholding of TV money and a ban on transfers and contract renewals to their players.

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