Portsmouth have confirmed their players have now been paid their wages for November after Ali Al Faraj “sorted out a small problem.”
The Premier League’s bottom club admitted on Thursday night their squad had not received their monthly pay for a second time this season.
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The delay has been attributed to problems following the recent takeover of the south coast outfit by Ali Al Faraj.
Chief executive Peter Storrie told Sky Sports News: “Ali and his advisers have sorted out the small problem there was and the players have been paid in full, I am pleased to say.”
Portsmouth last failed to pay their players on time just two months ago, again due to administrative difficulties following a takeover.
Then owner Sulaiman Al Fahim, who took out a £50million loan to resolve the situation, drew criticism from the Fratton Park board at the time and sold the club to Al Faraj soon after. He had been at the helm just six weeks.
Al Faraj is now attempting to refinance the club and Storrie is confident stability will soon be restored.
He added: “The refinancing they have been putting together is actually going very well.
“They want a bit of understanding from fans because they have had a lot of debt to deal with and they have put a lot of money in.
“It is a difficult market in the financial world at the moment. They took the club over with little or no due diligence because of the situation with Sulaiman.
“The new refinancing is very close now. They have put a considerable amount of money in.”
The turbulence off the field at Portsmouth has been reflected by performances on it.
The team lost their first seven games of the season and remain three points adrift at the bottom after 14.
Manager Paul Hart last week paid for Pompey‘s poor start to the season with the sack and successor Avram Grant has seen the side concede eight goals in his first two games.
Continued financial uncertainty has also led to a transfer embargo being imposed on the club.
With the squad apparently needing to be strengthened, Storrie is anxious for that to be lifted before the January window.
Storrie said: “Avram has got some ideas in terms of players he wants to bring in and the owners are aware of that.
“Obviously this refinancing arm will allow us to bring everything up to date and we hope then this embargo will be lifted, well in time for January.”