That’s because the football creditors rule means that ‘creditors of football clubs must be paid back 100 per cent before other creditors’.
As a result, Wigan – managed by former Pompey boss Paul Cook - will be handed a 12-point deduction from the EFL.
That will be enforced this season if they avoid relegation from the Championship or at the start of the 2020-21 campaign if they are demoted to League One.
The Blues sold Lowe to the Latics last summer for a fee in excess of £2m following a protracted transfer saga.
However, it’s unlikely that Pompey have received all the cash from the DW Stadium outfit yet.
According to The Gazette, the football creditors rule was brought in to ‘stop a club going into administration and causing a domino effect through the league if it could not pay other clubs the money it owed.’
The Gazette adds: ‘The football creditor rule is a rule that states which creditors of football (and rugby) clubs must be paid back 100 per cent before other creditors.
‘This is unusual as the general rule of insolvency law is that all creditors should be treated equally. However, when a football club goes into administration, the players become preferential creditors and receive a payment ahead of unsecured trade creditors.
‘This priority creditor ranking applies to: players’ salaries, management salaries, other clubs (transfer fees etc), the league and associated leagues.’
That will mean Pompey should still get anything they’re still owed from Wigan.
Along with Lowe, Kal Naismith and Gary Robers are all currently among the playing staff at the DW Stadium.
Meanwhile, Leam Richardson followed Cook to the Latics in 2017 to again serve as assistant, while backroom team members Andy Procter and Nick Meace were also at PO4.