Vital Football

The real deal or another 'chancer?'

The real deal or another 'chancer?'

In many peoples eyes Rob Lloyd is/was a 'chancer' that never really backed up his claims - it is what, 6/7-months and he has still not offered up anything tangible to suggest that his group, with his 'mystery backer', is what you would call 'the real deal'...

Today's 'revelations' in The News that we have another 'potential buyer' working on a deal in the form of 21-year-old Tom Lever will, inevitably, be met with a 'sceptical' reaction.

Although it is 'said' that he has offered up more to back his claims in a week than Lloyd has, really, in the entire time he has been 'talking' about taking over yet still is not really satisfying those that he has to.

Apparently £16.2m has been offered to Balram Chainrai to 'buy him out' before his scheduled date of takeover, around 9th September, with the land around Fratton also intended to be purchased - making a combined deal of £30m...

A 'financial agreement with the lenders' has been agreed, so basically money loaned and then mortgaged against us it would 'seem' is the order of the day here? Whilst in this day and age owners are not very 'charitable' allowing loans to build up against Portsmouth Football Clubs name IS NOT something that we can allow to happen again, we will just end up going round in circles again if we do - although this time there may well be an end, but not a good one.

Maybe this is not the case here though?

To be fair to Lever I guess we have to 'give him a chance' to see what he comes up with, but I would not hold my breath, and my initial reaction - maybe wrongly so - is this 'seems' more a case of 'chancer' than 'real deal' again, so I cannot see anything other than a Chainrai takeover still being the end product.

All I know is that we just need an owner that will do the best things for Portsmouth Football Club, and do things the right way.

PLAY UP POMPEY!

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  • Writer:pompeyrug
    Date:Monday August 23 2010
    Time: 8:25PM

    Comments

    0
    His dad is in the property game...sounds too much like Sasha number two to me
    plymouth graham
    23/08/2010 20:50:00
    0
    don't forget his dads also broke Plymouth lol
    pompeym@
    23/08/2010 21:03:00
    0
    This doesn't look promising, and how will it sit with SOS and the trust who are apparently "insisting" that the club is gifted the monies required and not loaned, or the fact that this guy is also NOT a Pompey fan but another business man.... dear oh dear. Think you are right Rug about the debt transfer thing. Whoever takes on Pompey will have to do it; some more than others. Praps he's in to make Chan bid up but why would Chan do it he is in pole position?
    russellm
    23/08/2010 23:00:00
    0
    I understand from the report that it's a bridging loan, which indicates he hasn't any reddies. With property prices down it would seem he'd be in the same position as AF (the 1st one - I've forgotten his name!) and we don't want to go down that route again.
    PFCblue
    23/08/2010 23:41:00
    0
    Hey guys, I run a million pound business and I'm sure if I went to 3 or 4 lenders they would lend me the money at some kind of ridiculous interest rate which is then passed on to the club. This is not the way forward unless any borrowed money is matched 50% with gifted money by any purchaser.
    bluedr
    24/08/2010 08:18:00
    0
    in that case bluedr...can you lend me a monkey
    plymouth graham
    24/08/2010 09:40:00
    0
    I agree with Plymouth. Shades of the Gaydamaks here. And we don't want to go there again.
    gandor1
    24/08/2010 09:42:00
    0
    Well this worries me. How do you get all that money at 21? And why does he want Pompey anyway? Lets just hope that AA remains savvy enough to say no - it seems that he is!
    tracyc
    24/08/2010 13:41:00
    0
    Groundhog day, groundhog day, groundhog day, groundhog day
    pentonpompey
    24/08/2010 15:24:00
    0
    look - he might be able to do it.. but the problem is not his money or the loans it's what he wants fromt he deal - and that is the land development and let pompey rot alongside it THAT'S the problem.. no interest in seeing Portmsouth FOOTBALL club succeed.
    jim4pompey
    24/08/2010 16:01:00
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