Skip to content
Saturday 18 July 2026EN · DE
City PM

European business, markets and politics

  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Thursday 01 October 2009 8:00 pm

Pompey fail to pay players after Al-Fahim takeover hits cash-flow

By: admindrupal

Add as a preferred source on Google

PORTSMOUTH insist the squad will be paid today after the club failed to transfer players’ wages earlier this week.

The Premier League’s basement outfit blamed the failure on cash-flow problems caused by Sulaiman al-Fahim’s takeover and subsequent refinancing project.

Portsmouth said in a statement: “There was a delay in the transfer of funds but the lawyers have received confirmation that this will happen today which will enable the players to be paid within the next 24 to 48 hours.”

Manager Paul Hart played down what he called “one of those glitches”, saying: “This group of players are pretty tight and their reaction to this problem was terrific. I don’t think we will be put in this position again.”

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Life&Style

Categories

  • Sport

Related Topics

  • NULL

Trending Articles

  • Revealed: KPMG and Deloitte offer bumper redundancy packages to slash headcount

  • Motsepe backed to succeed Fifa’s Infantino by South African minister

  • Brewdog owner shrugs off James Watt takeover bid

  • Finsbury lines up Games Workshop splurge using merger windfall

  • Citroën 2CV returns as a £13,000 electric car, and the timing is no accident

More from City PM

  • Sky’s ITV takeover could be tonic for Premier League media rights value

    Sport Business
    GettyImages 2271191005 3 featuring a dynamic business meeting with diverse professionals engaging in a strategic discussion
  • Fifpro accused of leaving footballers ‘in the cold’ by doing deal with Fifa

    Sport Business
    Business professionals in a conference room discussing strategies, with a presentation screen displaying key business metr...

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook