foxsports
The Premier League will keep more than 2 million pounds ($3.2
million) Portsmouth raised from selling players during the January
transfer window and hand it to clubs owed money by the club.
Portsmouth sold defender Younes Kaboul to Tottenham and
goalkeeper Asmir Begovic to Stoke for a total of about 8 million
pounds ($12.8 million).
The south-east club is reported to be about 60 million pounds
($95.9 million) in debt.
Portsmouth is last in the Premier League and has failed on
four occasions this season to pay its players on time. It is also
subject to a liquidation order from the government's revenue and
customs department.
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