Portsmouth administrator Trevor Birch has described the situation at the financially troubled club as "crazy", reports BBC Sport. The former Chelsea chief executive said an unnamed player at Fratton Park, understood to be Tal Ben Haim, is earning in excess of £30,000 a week.
Portsmouth have been penalised 10 points after entering administration for the second time in three seasons .
"If we can restructure behind the scenes in terms of the club's debt then yes, it's a great opportunity to sell the club."
The deduction, together with a 2-0 defeat away to Barnsley, has seen them slip into the relegation zone.
"In simple terms, expenditure has exceeded income in a large way predominantly due to handing out unsustainable salaries to players on long-term contracts."
Players and staff were not paid in January, while Portsmouth boss Michael Appleton revealed last week the club could not afford to scan the injured calf of captain Liam Lawrence.
Asked if he thought the club would remain in business, Birch said he was confident that Portsmouth would emerge from their troubles.
"It's a one club city with a fantastic fan base," he said.
"If we can restructure behind the scenes in terms of the club's debts then yes, it's a great opportunity to sell the club. There is always somebody who will come forward."
"The precedent is there for those clubs that didn't come out via a Company Voluntary Agreement (CVA) of incurring further point penalties," added Birch.
"Leeds being the latest one who didn't come out via a CVA and I think they were docked a further 15 points before the start of that particular season.
"That will be a threat if it didn't come out via a CVA but there's no reason why it wouldn't come out via a CVA at this stage." "For a Championship club, that's just crazy," Birch told BBC Radio 5 Live. "Expenditure has exceeded income."
