Portsmouth's administrators have revealed the relegated Premier League club's debts are £119m.
A letter published by the administrator reveals the extent of the debt while adding they are owed a total of £14m from Spurs, Inter Milan and Liverpool.
Portsmouth became the first Premier League club to enter administration earlier this year, with debts reported to be between £60-£70m.
However, an updated figure reveals the actual debt to be close to double that.
Money from the transfers of Jermain Defoe to Tottenham, Glen Johnson to Liverpool and Sulley Muntari to Inter Milan is still owed to Portsmouth.
The detailed letter sent to all Portsmouth's known creditors, which can be accessed in full on the administrators' website reveals almost £38m is owed to former owners while more than £9m is due to 15 agents.
606: DEBATE
So now we know it's £120m! In an ordinary business the management would be liable for court proceedings for this sort of negligence
GoodByeAll
Portsmouth administrator Andrew Andronikou has revealed Pini Zahavi, who helped facilitate the separate takeovers of the club by French businessman Alexandre Gaydamak and Ali Al-Faraj, has claimed for £2m while another agent is owed £2.1m for one deal alone.
The full extent of the club's financial situation is revealed with a full list of every company owed money by the stricken south coast side. Debts for as little as £1 are displayed in a comprehensive table.
Andronikou initially predicted the club debt would reach £85m but has since suggested it would be closer to £100m.
The administrator needs at least 75% of the unsecured creditor base to agree to a Company Voluntary Arrangement that would see all of the club's debts settled at a reduced rate over the coming years.
If Andronikou does not manage to win the agreement of that percentage of the creditor base, it is unlikely he will meet his target of getting Portsmouth out of administration in the first week of June.
Premier League chief executive Richard Scudamore told the BBC the club only have themselves to blame for their financial situation.
Money distributed by the Premier League from the sale of television rights overseas is shared evenly between the 20 clubs - unlike domestic revenue - and Scudamore reckons this guaranteed income means there is no excuse for going into administration.
"You cannot possibly link the distribution of our income to Portsmouth's woes," he told BBC 5 live.
"All the money is distributed evenly, so Wigan and Burnley this season will have earned as much international television exposure as Manchester United, Chelsea and Arsenal.
"That's an important redistribution mechanism - and that's what stands us out from the other leagues in Europe, particularly the Spanish.
"Back in January I said that if a club enters administration while in the Premier League then it would be down to bad management of the club, and it is.
"You can't actually say it's about the way we redistribute out money that has caused Portsmouth's problems.
"If you start the season knowing you're going to get between £30m and £50m from the Premier League throughout the year it is entirely possible to organise yourself so you don't get into the difficulties that Pompey have got into."
Very interesting this, it just gets worse and worse for Pompey, and makes me wonder what the premier league could have done if they were not just so depserate to save themselves
