Pompey receive cash windfall

Former Pompey midfielder Sulley Muntari
Former Pompey midfielder Sulley Muntari
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Pompey have finally been paid monies owed from the sales of Sulley Muntari and Prince Boateng.

The Blues were in dispute with Inter Milan over an outstanding £900,000 following Muntari’s exit in the summer of 2008.

Meanwhile, Genoa missed a scheduled third instalment of £1.06m on January 1 after the transfer of Boateng last summer.

Both cases have provided David Lampitt with long-standing headaches.

Yet both have at last been settled to give Pompey a much-needed financial boost.

The Muntari problem also involved Udinese, who claimed Pompey owed them £500,000 over the deal which took him to Fratton Park in the first place.

That was scheduled to be heard in an Italian court on March 25 – only for a settlement to be reached a day earlier.

As a result, Pompey made a contribution to Udinese, while they received the £900,000 owed by Inter.

A fortnight ago also saw Genoa pay the £1.06m – 1.195m euros – they had outstanding.

The Blues are scheduled to receive a final payment from the Italian club for the same amount on July 1.

And for Lampitt, it was crucial headway into the problems he inherited.

He said: ‘We have received the Muntari money and that has been a torturous process.

‘That is all now lock stock gone, which is a massive relief.

‘As for Boateng, we have now received the full third instalment, which was due in January.

‘That money has gone towards the administrators’ costs. We then ended up with a small chunk.

‘From the club’s point of view, these are just some of the legacy issues we have inherited.

‘It has been a case of one-by-one knocking them over so we can move on.’