Source: Daily_Mail
Premier League offer TV cash to settle Pompey debts with wages on the way
The Premier League are set to pay Portsmouth's £7million share of the latest television monies directly to other top-flight sides to settle the struggling club's outstanding transfer debts.[LNB]The cash is due to be paid as part of the latest instalment of TV money but with Chelsea, Tottenham and Watford all owed money by Portsmouth it is understood the league will pay the £7million directly to the clubs.[LNB]Such action is contained within league rules to protect clubs owed money from transfers but it will not help the cashflow crisis at the south-coast club.[LNB] Crisis club: The Premier League will now pay of Pompey's debts with TV money[LNB]However, Pompey's non-playing staff were paid today and the players are expected to finally be paid tomorrow after the club's owners secured a short-term bank loan.[LNB]'The staff have been paid today but there are two separate payrolls and we are still expecting the players to be paid tomorrow,' revealed a club spokesman[LNB]The crisis does not look like easing in the longer term and fans are planningfurther protests against absentee owner Ali Al Faraj.[LNB] Portsmouth boss Grant confident of extending O'Hara's Fratton Park stayEverton boss Moyes keeping tabs on Portsmouth's loan striker PiquionneCash-strapped Portsmouth have 'shelved tax bills for years', say former Fratton Park officials PORTSMOUTH FC
