League One and Two news LIVE: Sunderland's finances explained, Peterborough and Portsmouth latest, reaction from Blackpool's new manager

Our League One and Two blog is up and running, and we'll be bringing you the latest news from across the two divisions.
Sunderland manager Jack RossSunderland manager Jack Ross
Sunderland manager Jack Ross

We'll be keeping a close eye on clubs all around the country, in particular Saturday's top of the table clash between Peterborough and Portsmouth, plus the bringing updates on Blackpool's new managerial appointment.