Pompey Overcome Wages Crisis

Portsmouth Football Club have secured a loan which means they can finally pay their players’ wages for November. Portsmouth also paid their players late in September. Portsmouth were placed under a transfer embargo in late October until they settle debts owed to other English clubs, although they hope to have this sorted out by the time the transfer window opens. PFA chief executive Gordon Taylor expressed his concern at the latest developments at the club.

Portsmouth Football Club have secured a loan which means they can finally pay their players’ wages for November. Portsmouth also paid their players late in September. Portsmouth were placed under a transfer embargo in late October until they settle debts owed to other English clubs, although they hope to have this sorted out by the time the transfer window opens. PFA chief executive Gordon Taylor expressed his concern at the latest developments at the club. He commented, ‘This week we’ve had problems with wages at Crystal Palace, at Watford and we’ve had lower division clubs who’ve had trouble paying wages when sometimes that’s not entirely unexpected. But at Premier League level, that’s the last place you would expect there to be trouble paying wages on time. It’s not good for the image of the Premiership and you have to wonder about their financial book keeping.’