Andrew Andronikou is attempting to secure a Company Voluntary Arrangement (CVA) that would see Portsmouth's debts repaid at a reduced percentage rate over several years.
The club published his letter to creditors, which included the background to Portsmouth's current plight and all the figures, on their website.
The Government's Revenue and Customs department is owed 17.1 million pounds while more than 400 trade creditors are owed a total of 4.37 million.
"Football creditors", protected by the FA and Premier League, are owed 17.3 million in transfer fees.
That would give them a chance of persuading UEFA to accept a late application to play in next season's Europa League after their surprise passage into the FA Cup final against Chelsea at Wembley next month.
Earlier on Wednesday, Premier League chief executive, Richard Scudamore said Portsmouth's problems were a result of bad management.
"You cannot link the distribution of (Premier League) income to Portsmouth's woes," Scudamore told the BBC.
"I'm on record as saying in January that if a club, whilst in the Premier League, went into administration it would be down to bad management at the club. And it is.
"You can't say it's the way we distribute our money that's caused Portsmouth's problems.
"If you start the season knowing you're going to get between 30 and 50 million as a starter from the Premier League, through the year, it is entirely possible to get yourself organised so you don't get into the difficulties that Portsmouth got into."
