The Chaos Continues

By Jim Bonner
Last updated : 02 October 2009
Sulaiman Al-Fahim is said to be recovering from a kidney operation after he was admitted to hospital with a kidney infection.

This comes at a time where Peter Storrie has revealed to everyone just how dire the financial situation is at the club. To sum it up in one sentence:

Find £15 million by the end of October or Portsmouth Football Club will go bust.

Ali Al-Faraj, from Storrie's consortium, has loaned the club £1.8 million wage bill for last month but not even Storrie himself knows what has been taken as collateral and it may be the football club itself.

High profile agents Pini Zahavi and Jonathan Barnett are owed around £3 million for their involvement of the transfers of high profile players to Fratton Park in the last couple of years. It's only because Storrie is good friends with them that they have deferred the payments rather than calling them in immediately.

Other agents also have to paid, as do the clubs Pompey owe outstanding money to. If these payments are not complete by mid-October then it is almost certain that Pompey will go into administration at least.

So Sulaiman, here is the £50 million question:

Where is the money?

Portsmouth Match Reports

Sky Bet League One Tue 17th October 19:45

Doncaster Rovers - - - Portsmouth

Last game - Match Centre


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