London - Portsmouth administrator Andrew Andronikou announced on Wednesday that 85 of the cash-strapped club's employees have been made redundant.
But he added he was receiving "enquiries on a daily basis" regarding a takeover for the bottom of the table Premier League side and that no players had been sacked.
Portsmouth are due to return to the High Court on March 15 to answer a winding-up order brought by British tax authorities.
If a judge decides Portsmouth cannot overcome debts said to be totalling $115m they could be liquidated and go out of business completely.
Meanwhile, they are facing the prospect of a nine points deduction for entering administration that would make their relegation from English football's top-flight all but certain.
Last weekend Portsmouth, the 2008 FA Cup winners, beat Birmingham City to reach this season's Cup semi-finals.
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