Portsmouth administrator sets modest wage ceiling
Portsmouth administrator Andrew Andronikou has slapped a £10,000-a-week wage ceiling on the Blues squad.
His first targets will be the 11 out-of-contract in the summer, including David James, Steve Finnan, Ricardo Rocha and Hermann Hreidarsson.
Andronikou insists a maximum of three of the 11 will be offered new deals – each for a cut-price £5,000-10,000 a week.
He told The News: "There are 11 players out of contract at the end of the season.
"A Championship team's budget for players should be between £8-10m and that translates to a mixture of earners between £5-10,000.
"In the Championship that should be enough – the players can take it or leave it. We will know more over the next few weeks but, of those out of contract, one or two or as much as three will be offered new deals. But on terms the club can afford.
"Then there is a decision on the part of the player whether they want to stay or not."