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Portsmouth able to sell players NOW

Financially crippled Portsmouth have been given permission to sell their players right away to help ease their fiscal problems.

An underground 'club in crisis' rule has emerged allowing Pompey to trade off their key men including Marc Wilson, Nadhir Belhadj, Kevin Prince-Boateng and David James.

But in a slight twist, FIFA will have to make clear a ruling whether any players sold now are available to play for their new clubs immediately or if they have to wait for next season.

Chief executive Peter Storrie said the situation was a difficult one but if players had to be sold to ease current financial problems, then the club has to be thought of first.

"Of course we don't want to sell any more players, but we have no choice. Avram Grant still believes he can keep us up, so he doesn't want to sell any more players," Storrei said.

"But if it's a question of survival or selling, there clearly is no choice. We have some immediate cash flow issues to resolve."

In another outcome, the Premier League have come to an agreement with Portsmouth in regards to their enormous tax bill.

The league says they will give Pompey an advance for £11million but only if they take a nine point cut meaning they will be resigned to the Championship next season.

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Andrew Slevison
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