But the club insists the situation will be resolved in the next 48 hours.
“Portsmouth FC can confirm that the first-team squad and executive board was not paid yesterday (Wednesday),” a statement read.
“The club is currently being refinanced by the owner Sulaiman al Fahim following the recent completion of his takeover.
“There was a delay in the transfer of funds but the lawyers have received confirmation that this will happen today which will enable the players to be paid within the next 24 to 48 hours.
“The players have all been informed of the situation.
“The executive board will continue to help the new owner in his efforts to refinance which has come about as a direct consequence of the banks’ requirements to retain all television receipts and profits generated during the transfer windows.”