Portsmouth hit with transfer ban

Portsmouth have been hit with an unprecedented transfer ban by the Premier League due to their mounting debts reported to be somewhere in the region of £3m.

According to The Guardian, the club have fallen behind on the payment of installments for Lassana Diarra, Glen Johnson and Tommy Smith despite the fact that the first two have since left the club.

The transfer ban again calls into question the wealth of Pompey's new Saudi owner Ali al-Faraj although the club's lawyer Mark Jacob has insisted that the unpaid debts will be paid "within the next 24 to 48 hours".

The Premier League released an official statement regarding the transfer embargo earlier today: "The Premier League has confirmed that it has placed a player registration embargo on Portsmouth FC."

"The embargo was imposed on 15 October 2009 and it means the club will be unable to bring any new players to Fratton Park until further notice. Premier League rules allow the board to act if a club has outstanding transfer fees due to other clubs."

The ban is just the latest in a long line of problems for Portsmouth both on and off the pitch over the last twelve months since Harry Redknapp left to takeover at Spurs.

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