Redknapp stunned by Pompey plight
Harry Redknapp insists he never believed Portsmouth would be
crippled by £70million debts - and claims recent chairmen have
been "a disaster".
Pompey are close to going into administration, with Balram
Chainrai - the fourth owner of the club this season - yet to
achieve a breakthrough in talks with three consortiums about a
possible takeover.
Some fans have blamed club chief executive Peter Storrie and
Redknapp for overspending on players and wages, but the current
Tottenham boss claims it is "extraordinary" that Portsmouth are in
such debt.
Redknapp said: "It never entered my mind when I was there,
that there would be problems. The club was run well.
"When Sacha [Gaydamak] came in, all I knew about him was him
and his family were mega-rich people from Russia. It never enters
your mind the club could end up in debt.
"As I have said many times, to make something like
£60million from players and end up in the debt they are in, I
find it extraordinary really."
He added: "The key is finding an owner, someone who is going
to come in, buy and save the club and take the club forwards again.
"The last three or four they have come up with have been a
disaster.
"Hopefully they can find somebody know who will have the
club's interest at heart and do the job for them, that is the main
thing."
Portsmouth would almost certainly go into administration
voluntarily rather than risk a winding-up order by the High Court
on Monday over £7.5million owed to HM Revenue and Customs.
That would seal relegation because of the nine-point penalty that
accompanies top-flight clubs going into administration.
Redknapp believes that Portsmouth could yet manage to escape
relegation if there is no points deduction.
"It is going to be tough - but they are not out of it," he
said.
"Pompey have to play Burnley, Hull, Bolton in the next couple
of games, and they are playing well, and were unfortunate against
Stoke. If they can pick up a result or two, they can put themselves
back in the picture."
Storrie has admitted that most of the club's spending has
gone on players' wages - £131million over the last three years
- and transfer fees.
Storrie said: "The bulk of the money has gone to the players
in wages. The cost of the players' wages this year is
£37million. Last season, when it was running at its height, it
was £52million, and the year before it was £42million.
"The vast majority of the money over the last two to three
years has gone on players' wages, and also on their transfer fees."
Meanwhile, a training ground clash between Jamie O'Hara and
Michael Brown has been dismissed as a minor altercation.
A Portsmouth source said: "It was just handbags, the sort of
thing that happens regularly at training grounds."