Vital Football

Due diligence is done...

Due diligence is done...

...or is it?

I have to admit that I never even saw the article as I was at work, but The News - the online version anyway - was running and article this afternoon saying that due diligence was done, this was apparently soon pulled!

So, when you now click on it you are met with a blank page...

I guess we need to wait for the Pompey Site to tell us DD is done but it was my thinking, not long before that article actually, that I believed the due diligence was long since done with us now well into the 'fit and proper' business - and I maintain these thoughts, as I do a manager at least having been pencilled in, with it being them making decision not other figures at the club.

Assuming DD is done as long as Dr SAF can successfully pass the 'fit and proper' process, which could take up to 2-weeks - which, like I say I believe is already underway, his takeover is complete? Well, so it seems!

Technically, and again assuming DD really is done, this is a done deal! All that stands between us and an Arabian takeover is the premier league finding something that makes Dr SAF an 'unfit candidate', with it very much believed this cannot, and will not, be the case.

So, we are all but done now, aren't we...

PLAY UP POMPEY!

Join the Vital Pompey Debate

Boot the Sun out of Pompey!



For the very latest Premier League odds

Click here to join in the debate on the club forum.

Writer:pompeyrug
Date:Friday July 10 2009
Time: 12:12AM

Comments

0
to me, nothing is done till we have a manager and some new players..
nodster
10/07/2009 00:22:00
0
I wonder whats going on if they have done this. hmmmm
PompeyFcMad
10/07/2009 00:35:00
0
I got a copy of the article here if anyone wants a read:- "Al Fahim's £60m Pompey takeover moved closer today after the completion of due diligence. The News can reveal the investigation into the Blues' finances are now at a close as the Arab property tycoon* inches nearer to becoming the club's new owner. "Al Fahim met with Peter Storrie in Paris earlier this week where a purchase agreement was signed by the 32-year-old. That means his move to succeed Sacha Gaydamak now moves into the hands of the Premier League. They can now begin their fit and proper person's test. Once that has been completed the move can then be finalised and Al Fahim unveiled."
PompeyFrippy
10/07/2009 00:44:00
0
News from here in Spain is that the deal is done and the new manager " almost certainly Mancini"is selecting players
russellm
10/07/2009 00:56:00
0
Just a quick note,is the geezer who got the scummers out of s@#t the same guy who was reported a couple of weeks back as the same guy who wanted to plough money into us alongside SAF,some german billionaire I think? I am probably wrong,I usually am.lol
JASON R
10/07/2009 01:40:00
0
why did they pull it???..its never simple is it! :)
CharlieChimes
10/07/2009 06:53:00
0
Jason, yes you are wrong as No its a Swiss Family, not sure if iuts the robinsons or ticker ticker timex...? or ticker ticker time bomb :-)
Midge
10/07/2009 07:55:00
0
Charlie, same as Quay pulling the story on Monday i suspect... everyone wants to be first, they DO know what is going on, but are probably jumping the gun so getting told "Down biy" by the club?.......
Midge
10/07/2009 07:56:00
0
This is what Quay said this morning, 7:00 am. News..... According to Quay: They were right to break story on Monday as the Due Dili was done then. Tuesday - the old and New owners met to sign contracts Wednesday - Storrie returned to submit Signed Papers and Fit and Proper papers. Friday (Today) - all expected to be passed. (BUt... Can officially take up to 2 weeks, so maybe that why everyone being told to wait?) 6pm Yesterday The News also broke this story, but it was pulled 1 hour Later. See comments on this link http://www.portsmouth.co.uk/frattonlatest/Pompey-takeover-Due-diligence-completed.5446715.jp
Midge
10/07/2009 07:58:00
0
Looking much better. I work in Oxford, but still have a scummer as a boss, and all I have heard about this week is how they have a billionaire owner and we don't! Still keeping the faith. Can't wait for some good news on this.
Pompeytim
10/07/2009 08:04:00
Page 1/2
  1. 1
  2. 2

Login to post a comment

Recent Portsmouth Articles

On this day in history...8th February

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 8th February.

Match highlights - Pompey 0-1 Orient

Disappointing as it was, you take the rough with the smooth and cannot gloss over things when they aren't so good so here goes with the 1-0 defeat Pompey suffered against Orient.

Simply not good enough!

Call me a moaner, call me a groaner but if you think the performance against Orient was good enough then I think you're wearing blue tinted specs as that was poor from Pompey.

On this day in history...7th February

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 7th February.

Archived Vital Pompey Articles

Vital Pompey articles from

Site Journalists

pompeyrug
Profile
eastneydave
Profile
paultsmouth
Profile
Chix
Profile

Current Poll (see more polls)

Orient MotM
Suggested By: VitalPompey
Fulton27%
Freeman6%
Burgess31%
Clarke0%
Stevens12%
Roberts6%
Doyle0%
Close0%
Bennett0%
Smith6%
McNulty0%
Sub - Evans0%
Sub - McGurk0%
Sub - Chaplin12%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Northampton 28 19 4 5 61 20
2 Plymouth 29 17 5 7 56 17
3 Oxford 27 14 9 4 51 19
4 Bristol Rovers 29 14 5 10 47 10
5 Mansfield 30 13 8 9 47 9
6 Leyton Orient 30 12 10 8 46 5
7 Portsmouth 28 11 12 5 45 20
8 Accrington 26 13 6 7 45 12
9 Cambridge 30 12 8 10 44 3
10 Wycombe 28 12 7 9 43 5
11 Wimbledon 28 11 9 8 42 7
12 Carlisle 26 11 9 6 42 5
13 Exeter 28 11 7 10 40 -1
14 Luton 30 10 8 12 38 1
15 Crawley 30 11 4 15 37 -13
16 Morecambe 30 10 6 14 36 -3
17 Notts County 27 10 6 11 36 -6
18 Barnet 28 9 6 13 33 -8
19 Stevenage 30 6 10 14 28 -15
20 Newport 28 6 9 13 27 -11
21 Yeovil 29 5 9 15 24 -14
22 Hartlepool 25 7 3 15 24 -18
23 Dag & Red 28 4 8 16 20 -21
24 York 28 4 8 16 20 -23
Latest F1 News
Latest Vital Boxing News

Portsmouth Fixtures (view all)

Feb 13 2016 3:00PM : Bristol Rovers (H)
Sky Bet League Two
Feb 20 2016 3:00PM : Yeovil Town (a)
Sky Bet League Two
Feb 23 2016 7:45PM : Barnet (a)
Sky Bet League Two
Feb 27 2016 3:00PM : Cambridge United (H)
Sky Bet League Two
Mar 1 2016 7:45PM : Exeter City (a)
Sky Bet League Two
Mar 5 2016 3:00PM : Stevenage (a)
Sky Bet League Two

Recent Portsmouth Results (view all)

Vital Members League Table

RankNamePoints
1.pompeyrug33
2.Jimsmithswig18
3.FrattonBlue14
4.storagematt11
5.Pompeytim9
6.Copnor438
7.mslorna484
8.Emsworthianblue4
9.PompeyJake4
10.PFCblue3