Adams Park

Next Game

Wycombe v Portsmth

Saturday, 31 January 2015, 15:00

Sky Bet League 2

Fratton Park

Last Game

Portsmth 1 - 2 Southend

Saturday, 24 January 2015, 15:00

Sky Bet League 2

Pompey calm on payments

Portsmouth's owners have sent a signal of support to fans as the club continue to pay nearly £7m to former players.

Last Updated: 10/09/13 at 10:03 Post Comment

Tal Ben Haim: One of 25 former players owed money

Tal Ben Haim: One of 25 former players owed money

The Pompey Supporters' Trust, who saved the club from liquidation in April, have learned the true horror of the financial mess left at Fratton Park, with £6.7m owed to 25 players.

The players, including Standard Liege defender Tal Ben Haim, who is owed a massive £1.6m, Birmingham's Hayden Mullins is owed £632,000 and Kanu, whose goal won the FA Cup for Portsmouth five years ago, is owed £155,000, must be paid in full by 2016.

But, speaking to Sky Sports News, Portsmouth spokesman Colin Farmery insists this is not an issue for the League Two side.

"These are actually compromise agreements made with the administrator over 12 months ago now," he said. "When we were looking to buy the club with our community bid we were always aware that there was around £8m worth of payments that we were going to have to make over four years.

"Obviously the individual amounts have now come out, but the bottom line is that this money is budgeted for and we will honour these agreements."

When asked if the fans should be concerned, he said: "Not at all. At the end of the day this was always in our thinking.

"We knew that this money would have to be paid, people were aware. We're still entitled to parachute payments that are coming in and in actual fact the net effect is the parachute payments net of the football creditors we owe, which is the purpose of the parachute payments. So fans shouldn't be alarmed at all, this is all in our thinking and this money is budgeted for.

"The PFA and the individual players all did their bit to ensure that Portsmouth Football Club survived and I think people need to understand that had the players not made the compromises they did then Portsmouth Football Club might not be here now.

"The players signed these deals in good faith made by previous regimes at Fratton Park. We have a good relationship with the PFA and a good relationship with these players so long may it continue."

Related News

Most Commented

Readers' Comments

O

ne of the conclusions from this list is that Man City should never buy a striker in January - good luck Wilfried Bony....

Savinator
F365's Top Ten Worst January Panic Buys

I

was there, it was embarrassing - the team looked totally unbalanced from the off, the defence was woeful and when Mikel came off injured it got even worse with nobody in front of them. Up front on several occasions we had opportunities and nobody would shoot - it was a complete farse! On the back of Salah's performance I'm glad there is talk of getting shot...

Fly1ngh1gh
Cup defeat shames Mourinho

G

reat to see Tommy Rosicky getting some love. A wonderful player. Such a pity we lost so long to injury. I was so excited when we signed him, this resurgence only makes the absences seem more of a lost opportunity.

cheshire-gooner
16 Conclusions: FA Cup Fourth Round Weekend

Footer 365

Capital One Cup: FA charges Chelsea striker Diego Costa over 'stamp' on Liverpool's Emre Can

The FA have charged Chelsea striker Diego Costa with violent conduct over his clash with Liverpool's Emre Can on Tuesday.

Transfer news: Arsenal complete the signing of Villarreal defender Gabriel Paulista

Arsenal have completed the signing of Villarreal defender Gabriel on a long-term deal, for an undisclosed fee.

Gabriel Paulista has joined Arsenal from Villarreal, with striker Joel Campbell

Gabriel Paulista has joined Arsenal from Villarreal, with striker Joel Campbell going to the Spanish club on loan.

Mail Box

Erm... Balotelli To QPR..?

It's an afternoon Mailbox that offers the reaction to the reaction, with a defence for Diego Costa offered, and Balotelli mooted to move to QPR. Plus a silly idea about the Mails...

'Diego Costa Is A Thug.' Sore Losers..?

There is plenty of fallout from Diego Costa's stamps of authority on Tuesday's League Cup semi-final. Plus Blatter, Rodgers' substitutions and stretching the transfer truth...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company