Avram Grant resigned as Portsmouth manager, signing off with an open letter to the club`s fans.
Debt-ridden Portsmouth have been given special permission to sell players outside the transfer window, the Premier League said.
Portsmouth made light of their financial woes to reach the FA Cup semi-finals with a 2-0 win over Birmingham City, Frederic Piquionne scoring twice to give their long-suffering fans something to cheer.
Portsmouth manager Avram Grant was not ready to commit his future to the Premier League club beyond the end of the season, he said on Friday.
Portsmouth manager Avram Grant was fined 1,000 pounds (USD 1,508) with a further 4,000 pounds suspended after he admitted a charge of improper conduct to the Football Association.
Portsmouth have taken action against striker David Nugent and defender Marc Wilson for a breach of club discipline on a pre-season tour to Portugal.
Abu Dhabi billionaire Sulaiman al-Fahim said he has completed a deal to buy English Premier League club Portsmouth FC.
Day in Pics: 22nd September
Showbiz World - September 22, 2014
iPhone6 fever grips the world