Portsmouth situation getting worse

by David on January 7, 2010

So Portsmouth have again failed to meet a promise to pay players their December wages.

Players were expected to be paid on Tuesday, but that was pushed back again as the club struggles to raise the cash needed. This is the third month in which the players’ wages have been delayed.

Pompey chief executive Peter Storrie hinted players may now be sold.

“If the way to keep this club alive is to sell a couple of players again, we will have to do that – but it will be an owner’s decision,” said Storrie. “If you do not sell, then you could well be going into administration.”

Portsmouth, who are currently banned by the Premier League from signing players, because they still owe other teams money on past transfers. This week the Premier League took the exceptional step of using Portsmouth’s share of the latest television monies to pay off the club’s debts to other clubs. Chelsea, Tottenham and Watford are all owed money by Pompey and the Premier League will split £7m between them.

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