http://soccernet.espn.go.com/news/story/_/id/1126757?cc=5739#
ESPN can reveal that Portsmouth administrator Trevor Birch has served notice on all players and staff that the club will shut down on August 10 unless high earners such as Kanu and Tal Ben Haim, owed a combined £6 million, accept compromise deals.
"Everybody, including the players, have been served notice that the club will close down on August 10," Birch said. "The only way the club can be saved is if the players accept compromise deals, the Football League are in constant touch and know the situation, the PFA are also aware of it and are doing all they can to help
"If the new owner does not take over the liabilities and guarantee £10 million of football creditors then the Football League will not transfer its share and the club will go under. To save the club we are frantically trying to negotiate with players such as Kanu and Tal Haim. We have offered Tal Haim a substantial compromise which he has turned down, so it is difficult to negotiate.
ESPN can reveal that Portsmouth administrator Trevor Birch has served notice on all players and staff that the club will shut down on August 10 unless high earners such as Kanu and Tal Ben Haim, owed a combined £6 million, accept compromise deals.
"Everybody, including the players, have been served notice that the club will close down on August 10," Birch said. "The only way the club can be saved is if the players accept compromise deals, the Football League are in constant touch and know the situation, the PFA are also aware of it and are doing all they can to help
"If the new owner does not take over the liabilities and guarantee £10 million of football creditors then the Football League will not transfer its share and the club will go under. To save the club we are frantically trying to negotiate with players such as Kanu and Tal Haim. We have offered Tal Haim a substantial compromise which he has turned down, so it is difficult to negotiate.


