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Portsmouth Football Club News
- Nickname:Pompey
- Founded:1898
- Manager:Michael Appleton
- Ground:Fratton Park
- Capacity:19,179
- Last Game: 28-Apr-2012 12:30
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Storrie fears more player sales
06 Jan 2010 - 09:55:44
Portsmouth's chief executive Peter Storrie expects more player departures from Fratton Park this month.
Pompey have reported debts of £60million and face the threat of a winding-up petition by HM Revenue and customs.
They have also been late paying their players and staff three times already this season while the Premier League paid Pompey's £7million share of TV money directly to clubs owed money for unpaid transfer fees.
Younes Kaboul has been strongly linked with a return to France, while David James, Kevin-Prince Boateng and Nadir Belhadj are also being linked with transfers.
"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.
"It will look doom and gloom but what is the other side of that? The other side of that is if you do not sell, then you could well be going into administration.
"The new owners have come in almost overnight and to be fair they have put a lot of money in the club.
"They thought they were in a strong position to replace bank finance and bring in a major new investor that was going to come in and be involved.
"But those two things have not happened and, although they are working on doing that, time is catching up with them in terms of the debts and the money that is needed to run a Premier League football side."
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