Sports
Portsmouth Denies Cash Crisis Talks
Portsmouth have lashed out at “speculation claiming the club were on the verge of going into administration.
The Premier league outfit have suffered a difficult season on and off the field, with three owners and two managers already in the 2009-10 campaign.
Owner Ali AI Faraj took over from Sulaiman AI Fahim and has pledged to support new boss Avram Grant as he looks to guide the club away from the relegation zone.
There were reports in several national newspapers that the club were facing the threat of administration and that chief executive Peter Storrie had left his post.
But Pompey have issued a statement denying the reports and are confident that AI Faraj’s backing will help the club recover from their current position.
“The owner and board of Portsmouth Football Club are disappointed at recent inaccurate media.
Speculation regarding the club’s finances and the threat of administration,” a statement on the club’s official website read.
“Ali AI Faraj and his associates took over the running of the club and inherited a business that had substantial debts. Dealing with the finances has been the priority since AI Faraj came in to pay the players before taking over the club from Sulaiman AI Fahim.
“The club is not going into administration. If that were the case it would have happened at the end of September or early October.
“This week alone, HM Revenue and Customs were paid #2m and other historical arrears are being dealt with on an ongoing basis.
“The new owner has not had the benefit of TV revenue to aid the club, with the next major instalment due in January. However, he and his associates have already invested substantial funds to keep the club operating and will continue to do so.
“The owner remains committed to the club and has shown that through his investment to date. He will also provide manager Avram Grant with all the tools he needs to ensure the club reaches a position the players’ performances deserve – away from the relegation zone.
“Despite media rumours Peter Storrie remains chief executive and has been holding talks on behalf of the club in other parts of the world.
“Much is happening behind the scenes but constant malicious rumours and speculation do not assist with the proposed major long-term funding that is currently being put in place.
“Finally, we would like to place on record our thanks for the unwavering support shown by our very loyal fans.”
The decision comes after Benin failed to secure approval for any of their home stadiums from the Confederation of African Football.
As a result, the federation opted to play its “home” fixture at the Stade de Kégué in Lomé.
The first leg of the second-round qualifier will be held in Togo on October 24, whilst the return leg will take place four days later in Nigeria on October 28.
The aggregate winner over the two legs will advance to the 2026 WAFC
Ferdinand soared to victory on Saturday, lifting an impressive 153kg to clinch gold in the women’s up to 79kg category and further cement Nigeria’s legacy in the sport.
Her remarkable feat added to Nigeria’s growing medal haul at the historic championship after Nworgu had earlier won silver in the 50kg category, whilst Ajiboye claimed bronze in the same class.
Nworgu narrowly missed gold to Venezuela’s Clara Fuentes, who edged her out for the top spot in a fiercely contested competition.
The Director General of the National Sports Commission, Hon. Bukola Olopade, congratulated the athletes on their outstanding performances, commending their relentless drive and patriotic spirit.
“Our athletes continue to make us proud, showing the world that Nigeria is a force to be reckoned with in para powerlifting. Their bright start in Cairo reflects the depth of talent, discipline, and dedication that define Nigerian sports,” Olopade said.
“The NSC remains steadfast in providing the necessary support to ensure our champions keep soaring.”
The 11th World Para Powerlifting Championships, taking place from October 9 to 18, 2025, marks the first-ever edition to be hosted on African soil, a milestone event highlighting the continent’s growing influence in adaptive sports.
The National Sports Commission had expressed confidence in the team’s readiness and determination to uphold Nigeria’s longstanding reputation as a force to be reckoned with in global para powerlifting.
The hosting of the championships in Cairo represents a significant moment for African para sports, providing an opportunity to showcase the continent’s growing infrastructure and commitment to disability sports.
Nigeria has established itself as one of the leading nations in para powerlifting, consistently winning medals at major international competitions, including the Paralympic Games and World Championships.
The 10-day competition has attracted top para powerlifters from across the globe, all vying for world titles in their respective weight categories.
The National Sports Commission reaffirmed its commitment to supporting Team Nigeria throughout the competition as the athletes aim for more podium finishes and continue to make the nation proud.
Nigeria’s strong start in Cairo has raised expectations that more medals will follow as the championship progresses, with several other Nigerian lifters yet to compete in their respective weight categories.
The NEC said the only intention of the suspended members of the association is to create confusion, wondering why they leverage the use of thugs to create confusion while colluding with illegal security operatives.
In a firm resolution reached by the NEC and endorsed by the National Secretariat, SWAN reaffirmed that Ms. Olatutu Oladunni and Mr. Bello Omotunde, former Chairperson and Secretary of the Lagos Chapter respectively, remain indefinitely suspended from all activities and structures of the association.
The association has consequently petitioned the Inspector-General of Police (IGP) and the Director-General of the Department of State Services (DSS), drawing attention to what it described as a dangerous pattern of intimidation, impersonation, and misuse of security operatives by the suspended duo to disrupt peace within the Lagos sporting and journalistic community.
In the petition signed by SWAN National President, Mr. Isaiah Benjamin, and Secretary-General, Amb. Ikenna Okonkwo, the association said the suspended officials are attempting to stage an unauthorised election in Lagos on Thursday, October 9, 2025, despite prior notification of their suspension to both the Lagos State Police Command and the DSS Directorate.
SWAN recalled that during the Lagos SWAN Congress held on September 17, 2025, Ms. Oladunni mobilised more than eleven (11) police vehicles and armed operatives to a peaceful gathering of sports journalists — describing the act as “a brazen show of force, abuse of privilege, and a deliberate attempt to intimidate members.
“The so-called Lagos election is not only illegal but also an affront to the authority of the National Executive Council,” the NEC resolution stated. “The individuals behind this plot have no mandate or legitimacy to act in the name of SWAN. Their continued defiance constitutes gross misconduct and will attract further disciplinary measures.”
The association warned that any security officer or agency that lends support to the illegitimate exercise would be aiding an unlawful activity and undermining the association’s recognised constitutional order.
SWAN therefore, urged the IGP and DG DSS to restrain the suspended officials, maintain neutrality, and prevent any misuse of security institutions in matters internal to professional associations.
Reaffirming its authority, the NEC through the National Secretariat, reserves the power to supervise or approve elections in state chapters, stressing that any activity outside that structure “is null, void, and of no effect whatsoever.”
“The NEC of SWAN stands firm in defending the unity, credibility, and sanctity of the association,” the statement added. “We will not permit any act of indiscipline, impersonation, or external interference that threatens our stability and professional integrity.”
The association further assured all members nationwide of its commitment to due process, accountability, and the protection of journalists’ rights, urging them to disregard the actions of the suspended individuals and remain guided by the decisions of the National Executive Council.
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