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Cash problems over for Portsmouth

Portsmouth's cash problems are officially over.

The Sun says the sales are off as Pompey's cashflow woes will be eased by the arrival of £10million due from bankers following the sale of Sulley Muntari to Inter.

And, with £5m received in compensation for former boss Harry Redknapp's exit, things are looking up.

A source revealed: "The Muntari situation was the cause of all the rumours surrounding the club's financial problems.

"But it was simply a cashflow problem which will now be resolved as a result of a solution being found to release the cash.

"With the money for Harry counted in, the club is now looking to cash in some assets which could see them up to £20million to the good."

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