Nothing goes in the direction of Portsmouth! With great hardship for many months, the club, red lantern Premier League and just cash a stinging 1-4 home defeat to Arsenal, is the subject of an application for bankruptcy, since Wednesday, one of his creditors. The club has until February to pay this debt, on pain of having to file for bankruptcy.
In fact, there is a petition for dissolution, triggered by the tax authorities. Overall, it should at Inland Revenue and various other Premier League clubs between 20 and 25 million euros. On their website, leaders Portsmouth however, contested this decision stating that many tax fees have been paid, or are about to be, and that others are not due. By cons, they do not deny the reality of debts to other clubs, with regard to transfer fees.
Thus, among others, the RC Lens could well be hit hard by the financial crisis Portsmouth. The Ivory Coast international Aruna Dindane has been loaned to English club last summer, with a provision of 4 million euros and it has still not been paid. Therefore, Lens should fairly quickly get his player, and suffer the consequences for its budget already in bad shape and validated for accuracy in November by the DNCG.
Good business to take?
Aruna Dindane is not the only old French football knowledge to be affected by this mess. He rubs indeed Frederic Piquionne and Younes Kaboul. Additionally, players have learned at the same time, for the third time this season (after September and November), they would not touch their December salary before January 5, 2010.
Undermined by the legacy left by its former owner, Alexandre Gaydamak, Portsmouth is gradually tighten the noose around him. This summer, he again believed his luck when Sulaiman Al-Fahim, already owner of Manchester City through its consortium of Abu Dhabi Group, had bought by promising to pay off debts and invest 55 millionsq euros, but the latter, when making the 100% control of Manchester City had been forced to sell Portsmouth to another investor, Ali Al-Faraj, in October.
Since then, nothing moves and supporters of Pompey (the nickname of the club) are still waiting for fresh capital, while the club multiplies unpaid. The only solution in the short term, will soon open the winter transfer window, to separate the players the most "bankable", including John Utaka and Younes Kaboul.
Suffice to say that this is the beginning of the end for the club, who won the Cup there is still a year and a half ...
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