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| Kanu with Harry after the FA Cup victory photo-google |
Tal Ben Haim A total of 25 players are owed money including Tal Ben Haim, above, who is set to received £1.6m
The Pompey Supporters’ Trust, who took over the club in April, have only now learned the true horror of the financial mess they have inherited.
And the biggest debt is to former players.
Tal Ben Haim, now a Standard Liege defender, is owed a massive £1.6m, Birmingham’s Hayden Mullins must be paid £632,000, Kanu – the man whose goal won the FA Cup for Portsmouth in 2008 – is owed £155,000 (about N39,584,115million), striker Benjani will get £214,000 while Aaron Mokoena is due a whopping £288,000.
In total 25 players are owed money.
And under the terms of the controversial football creditors’ rule, all the players must be paid in full by July 2016.
Defender Steve Finnan, whose last match for Portsmouth was the 2010 FA Cup Final, is still owed £88,000, while former England players David Nugent and David James were left £143,000 and £145,000 out of pocket.
The club’s new owners must find nearly £110,000-a-month for the next three years simply to pay the debts.
Smaller businesses and creditors, though, will have to make do with much smaller slices of the money they are owed.
Parachute payments to former Premier League clubs are also helping to pay back outstanding debts.
