From the Pompey News

Pompey chief executive Peter Storrie has said there is "no money left" to run the football club.

With the latest developments coming as the club has failed to deliver £1.8m in wages as Sulaiman Al Fahim attempts to raise money to secure the club's future.

Players were yesterday called in individually to meet with financial director Tanya Robins to discuss their non-payment

Storrie told ESPNsoccernet that the money has run out at the south coast club.

He said: "All the money from all the player transfers and the Sky TV money, all of the £35 million from January, has gone straight to the Standard Bank," adding, "There is no money left.

"Whatever we spend on a monthly basis comes channelled through from the new owner (Sulaiman Al Fahim]. He has promised to re-finance, and he has shown me all the documentation, but I have no idea about the conditions of the £50 million he says will be arriving in a few weeks.

"We need to re-finance, it is as simple as that. As for the players wages for the last month I would imagine it's a blip and they will be paid, but I have spent the last nine to ten months fighting fires on a daily basis, I'm not giving up.

Having been linked with a move away from the club, Storrie claimed last week that the reactions of the fans had persuaded him to stay.

"Yes I thought about going, but that reception from the fans, how could I go after that," he said. "Yes, we have been very close to administration a few times in the last nine to ten months, but I am not about to give up now.

"I've no idea of the timescale about how long this can go on. I don't want to frighten people. I am sure that if the re-financing that has been promised fails for some reason there will be other people ready to step in.

"There is only so much we can do, by that I mean, the present staff, we are all wholly reliant on the re-financing. Our jobs are to keep everything going until then, and of course I remain hopeful that this club will survive."