Pompey could be saved from liquidation
Portsmouth are "cautiously optimistic" they will avoid going into liquidation
as tomorrow's deadline to save the club looms.
Administrator Trevor Birch said that Pompey's high earners must be
off the wage bill by August 10 or there would be no chance of rescuing the
stricken club.
He said Israeli defender Tal Ben Haim - reportedly on £36k per
week - had left Fratton Park after reaching an agreement.
Birch also expects to make an announcement on midfielder Liam
Lawrence, while talks are ongoing with former striker Kanu.
Negotiations with former owner Balram Chainrai's company Portpin
over their takeover should take place over the next few days.
It also emerged today that Portsmouth Council have agreed to loan rival
bidders, the Pompey Supporters' Trust, £1.45million towards their proposal to
buy the club.
Portsmouth will begin the npower League One campaign next weekend on minus 10
points and are due to start their season with a Capital One Cup clash against
Plymouth on Tuesday.
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