These rules relate to late payment of transfer fees and wages to staff and the club will have this fine deducted from their next payment from the Premier League.
The bad news doesn't end there as the real reason behind Aruna Dindane's absense from the match against Hull was revealed today. Predictably, playing him again this season will result in Pompey having to pay £4 million to Lens and so the Ivory Coast striker may well have played his last game for the club.
That's unless Dindane is worried that he'll lose his place in the Ivory Coast World Cup squad by not playing. Lens might be convinced to waiver the clause in his contract if their officials can be convinced that him not playing in the biggest tournament of them all would decrease his value in the transfer market come the summer.
These two pieces of news won't have been welcomed by Andrew Andronikou, who was in talks with the Premier League today to try and work out a deal that would see Pompey secure financially for the near future, therefore giving him more time to find a buyer.
One thing that is for certain is that Andronikou has a mess of epic proportions to sort out, but that's why he is being paid an obscene amount of money to do so.
Let's hope he doesn't turn out to be a failure like a certain someone else who was paid for too much money for his incompetence.