Pompey are back in control of wages

David Lampitt. Picture: Barry Zee
David Lampitt. Picture: Barry Zee
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David Lampitt has confirmed Pompey’s wage bill is now back under control.

Pompey were desperate to shed their big wage earners on a frantic deadline day last year.

But it was a different story this time around with none of their players touted to rival clubs.

Had Pompey been as desperate to slash their costs again, top earner Tal Ben Haim – believed to be on around £36,000 per week – would almost certainly have left the club.

But the Blues chief executive explained CSI’s takeover at Fratton Park has made a major difference.

A new budget is now in place, although it is in line with a sensible business plan that has also been agreed by the Football League.

And now 18 months after the trauma of entering administration, the club is back on a far more secure footing.

Lampitt said: ‘The overall wage bill is pretty much exactly where we need it to be.

‘We are still monitored on a monthly basis by the Football League and they have sanctioned all of the transfer business we have done.

‘That’s part of the revised business plan we’ve put together which the new owners and the Football League have approved.

‘It’s different to the plan we were working to before and it does allow a greater level of investment.’

While there are still restrictions on Pompey’s transfer dealings, boss Steve Cotterill, Lampitt and the new owners have stuck rigidly to the task.

Lampitt said: ‘We still have our parameters based on what we have planned with the owners and what the Football League will allow us to do.

‘But we are absolutely within those parameters.’