PL to hold back £2m Pompey cash

Chelsea and Watford will both receive cash owed from when financially-stricken Pompey signed Glen Johnson and Tommy Smith respectively.Once the players' wages have been covered, the £4million remainder from the £8million Portsmouth earned from selling defender Younes Kaboul and keeper Asmir Begovic could be an important lifeline.The club will use a chunk of the cash to try to persuade HM Revenue and Customs to reschedule the payments on the £7.5million owed in VAT.However, another creditor has also joined in with HMRC's winding-up petition to the High Court on Wednesday next week.Grosvenor Basingstoke Properties are claiming they are owed money by Portsmouth though that is being disputed by the club. Fulham 4/6, Draw 13/5, Portsmouth 9/2  

Source: Team_Talk