UK time is: 17:30:56
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

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




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



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

The Journalist

Writer: pompeyrug Mail feedback, articles or suggestions

Date:Thursday June 10 2010

Time: 1:58PM

Your Comments

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
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
AA becomes less professional and more suspect by the day.
007
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
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
Well done whoever's behind the Griffin proposal! I hope they're pleased with themselves. They probably are.
tracyc
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Portsmouth Articles

'Forgotten man' almost back! (Thursday October 30 2014)

Maloney's chance (Thursday October 30 2014)

On this day in history...30th October (Thursday October 30 2014)

On this day in history...29th October (Wednesday October 29 2014)

On this day in history...28th October (Tuesday October 28 2014)

Cup derby day for Pompey (Monday October 27 2014)

On this day in history...27th October (Monday October 27 2014)

On this day in history...26th October (Sunday October 26 2014)

Archived Portsmouth Articles

List All Vital Pompey Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. pompeyrug 164
2. eastneydave 65
3. storagematt 65
4. mslorna48 52
5. cornypomp 48
6. gentleman jim 38
7. Lemmi 38
8. pompeygray 35
9. Pompeytim 27
10. Emsworthianblue 25

League Results (view all)

League Table (view table)

Team P W D L GD Pts
11. Cheltenham 15 6 4 5 -2 22
12. Cambridge 14 6 2 6 8 20
13. Wimbledon 15 5 5 5 -1 20
14. Portsmouth 15 5 5 5 -1 20
15. Stevenage 15 6 2 7 -3 20
16. Accrington 15 6 2 7 -4 20
17. Mansfield 15 5 4 6 -4 19

Breaking League News

Newcomer to lift York
York : 30/10/2014 17:14:00
Keeper returns to duty
York : 30/10/2014 13:44:00
'Forgotten man' almost back!
Portsmouth : 30/10/2014 12:38:00
Staniforth leaves Rovers
York : 30/10/2014 12:30:00
Tom Newey goes out on loan
Oxford : 30/10/2014 12:25:00

Current Site Poll (view all polls)

MOTM v Shrewsbury?
Suggested By:  pompeyrug
Jones 0%
Devera 0%
Chorley 50%
Robinson 0%
Shorey 0%
Wallace 50%
Dunne 0%
Hollands 0%
Holmes (79) 0%
Storey (70) 0%
Westcarr (58) 0%
Sub - Taylor (58) 0%
Sub - Atangana (70) 0%
Sub - Agyemang (79) 0%