portsmouth news

Portsmouth cash crisis created by late payments

October 29, 2009
By Harry Harris, Football Correspondent
ESPN Soccernet can reveal that Portsmouth's current cash flow crisis revolves around a £1 million payment due to Chelsea and further complications over Lassana Diarra's move from Arsenal.

• Embargo placed on Portsmouth

Pompey owe £1 million to Chelsea over deferred payments on the purchase of Glen Johnson, and have a similar situation with Diarra, although the payments on his transfer from Arsenal are not actually due until the end of this month. The situation with ...

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