No if they go bust, only 2 teams get relegated

Yes, their record will be deleted.

Showed the table without Portsmouth on SSN the other day, WHU fell to third behind Saints and Cardiff. Didn't really see how else it effects the league, sorry.

http://uk.eurosport.yahoo.com/03032012/58/championship-championship-table-portsmouth-bust.html

Here's the table, not including the results yesterday which were mainly positive for us.

What would happen to pompey if they went completely bust? Would they cease to exist or are there other options?

Monkey, they will cease to exist and the ground will almost certainly be turned into a supermarket.

But it is likely they will rise again from the very bottom.

Oh yeah, it was Reading who went up to second not Cardiff...

Its isn't something you would wish upon a team, but i guess if your loyalties lie elsewhere and it could mean the difference between promotion or relegation then opinions change.

How like is it they wont finish the season?

Very, from what i understand.

so if only two teams go down, then surely league 1 will be a team short?

Relegation will be effected all the way down the leagues, probably to the Conference.

I don't think it'll happen. The last owner has started paying some wages and people will take fractions of what they're owed. I feel bad for the fans but the club is making our back office look almost professional!