Vital Football

Potential Ukrainian owners back out?

Potential Ukrainian owners back out?

I am no financial expert, far from it, but I remain unconvinced by Griffins, the 'rival insolvency firm', proposal - and really cannot see this as a serious and available alternative to that put forward by our administrators.

A best deal for the creditors is the administrators priority, whilst Griffins proposal certainly gives this I cannot see how this is a viable option and cannot give us a long-term future to repay this...

The concerns were always going to be that these 'claims' would put doubt among creditors minds, let alone anyone else's and according to 'the media hog' that is Admin Andy this has frightened off 'potential owners'.

A group of Ukrainian businessmen, who he says were 'front runners' and wanted to develop the club, have had second thoughts in the wake of this news: 'I've been on the phone to these people late into the night and at weekends for six weeks. I'm very angry that they have been so alarmed as to pull out on the back of this spurious proposal by Griffins.

'They are considerably wealthy individuals involved in new industry. I have been talking to three foreign parties and they were my preferred option.

'They were looking to buy the club and develop it.

'They were the front-runners. Now they say they may look elsewhere in England.'

If these guys, well any of these supposed 3 interested foreign parties, even exist and/or are/were serious then they can be talked round, if the CVA proposal is accepted then why would they not remain interested?

Will these 'others' not be miffed by Admin Andy's comments about the 'so-called Ukrainian's' being his 'preferred option'.

Can it not be next week already, this CVA meeting cannot come soon enough for me as we can then at least have a better idea of roughly where we stand...

PLAY UP POMPEY!

For more information about the Vital England predictions league game - click here.

For more information about the Vital England fantasy football game - click here.

Join the Vital Pompey Debate

Trust



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

Writer:pompeyrug
Date:Thursday June 10 2010
Time: 1:58PM

Comments

0
Perhaps it's just a ploy by AA to get his proposals accepted. These administration firms seem to be as, or even more, devious that our own shady characters.
PFCblue
10/06/2010 14:21:00
0
AA on the ropes and now looking to stir up trouble amongst fans and creditors. We need rid of this guy and quick otherwise his ego is going to be Pompey's downfall.
bluedr
10/06/2010 14:38:00
0
AA becomes less professional and more suspect by the day.
007
10/06/2010 17:17:00
0
This must be that open-ness and transparency.......just clouded in the usual AA fog! Sod the Ukranians, the Portsmouth faithful are the ones that will be failing to invest if this carries on!! I wonder if AA has the balls to admit how many season tickets have been sold yet, or is that expecting too much of transparency ?
BarneyArmy
10/06/2010 18:02:00
0
Re Season tickets Barney Army, surely David Lampitt must gave something to say; about something. So far the man is as rare as an Arab sheikh. No idea if there was a Ukranian bid but AA is right the spurious Griifin bid does not help. As the chap said on the BBC, if there was 99p in the £ to be had Portsmouth Football Club would not be in administration.
russellm
10/06/2010 19:07:00
0
Well done whoever's behind the Griffin proposal! I hope they're pleased with themselves. They probably are.
tracyc
10/06/2010 19:08:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Vital Boxing - Whyte Wins on US Debut

Recent Portsmouth Articles

On this day in history...23rd August

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 23rd August.

Safe Standing - The Time For You To Act Is Now!

The EFL supports safe standing, the FA chairman wants it and the EPL clubs are discussing it. After many years of campaigning, we are almost at the point where...

Baker has a Pompey future... apparently

A few eyebrows were raised when Carl Baker, who continues to be linked with Coventry, was left out of the squad to face Walsall. I think we've all see then social media reaction?

On this day in history...22nd August

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 22nd August.

Archived Vital Pompey Articles

Vital Pompey articles from

Site Journalists

pompeyrug
Editor email
Profile
eastneydave
Editor email
Profile
paultsmouth
no email
Profile

Current Poll (see more polls)

Walsall MotM
Suggested By: Site Staff
McGee3%
Talbot0%
Burgess14%
Whatmough71%
Haunstrup4%
May4%
Rose0%
Evans0%
Naismith0%
Lalkovic0%
Pitman4%
Sub - Bennett0%
Sub - Kabamba0%
Sub - Main0%
ScoopDragon Publishing Entire League Network of Sites
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Portsmouth Results (view all)

Portsmouth Fixtures (view all)

Vital Members League Table

RankNamePoints
1.pompeyrug66
2.storagematt26
3.PompeyFrippy25
4.Copnor4321
5.Brightest15
6.uspompeyfan14
7.eastneydave14
8.mslorna4813
9.Jimsmithswig9
10.blueexile9
Vital Football Comment