Portsmouth Player Wages Will Be Paid

Premier League club Portsmouth’s players have been assured they will be paid the wages they are owed this week.

Some players were not paid earlier in the week because of ‘a delay in the transfer of funds’ following Sulaiman al Fahim’s recent takeover.

Al Fahim took control of Portsmouth in August but there have been constant doubts about the financial stability of the club.

The club, who are bottom of the Premier League, sold several of their highest earners in the last transfer window, including England internationals Glen Johnson and Peter Crouch.

Earlier this week, the club released a statement admitting that the players and ‘executive board’ had not been paid on Wednesday.

‘The executive board will continue to help the new owner in his efforts to refinance which has come about as a direct consequence of the banks’ requirements to retain all television receipts and profits generated during the transfer windows,’ the statement read.

Al Fahim recently told the club’s supporters he will inject £50m into the club within the next month.

It is likely the funds will largely be used to clear a reported £40m debt and Al Fahim also insisted his finance plan was guaranteed by international institutions and is backed by firm commitments.