All of which makes a mockery of the parachute payment system.
The PPs were introduced to help clubs manage premier league running costs in a lower league. That predominantly means running down or paying off player contracts.
The fact that Pompey have seemingly chosen to use the PPs for anything BUT clearing off player debts and instead use it to help them avoid relegation and/or secure promotion (how's that going btw?!) says all you need to know about the club.
Same old Pompey, always cheating.