Vital Football

Pompey out of Administration

Pompey out of Administration

Pompey have just issued the following statement

'The Administrators of Portsmouth City Football Club Ltd are pleased to announce that negotiations between the various parties concerning the sale of the club have now been satisfactorily concluded.

Accordingly, the club has now been formally sold by the Joint Administrators, Messrs UHY Hacker Young, and will continue to trade outside of Administration.

The Administrators would like to thank Mr Gaydamak for his cooperation and assistance in securing the future of the club and acknowledges that he has played an integral part in delivering its survival.'

And so so all of us!!

Happy days after what we have been dragged through in the last thirty hours!!

PUP



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

Writer:eastneydave
Date:Sunday October 24 2010
Time: 12:21AM

Comments

0
now we know why Al Fahim was at Millwall...he has bought the club from Balu.....sorry... HOORAY...steve gets a budget in January
plymouth graham
24/10/2010 00:31:00
0
What a sense of relief. It's almost difficult to contemplate that the nightmare is over. It doesn't say who we've been sold to, but assuming it's BC let's now give him total support (unless of course he does an AF!).
PFCblue
24/10/2010 01:16:00
0
This great news, great news. And like him or not it's a well done to AA, hard work sometimes - well most of the time actually- but every one had to win he did that thing. Now with all due respect, take some plaudits then s0d 0rf into the back ground. So it's BC, well for at least a day, being Pompey who knows on Monday, I don't think BC will hand the club over to any old monkey after the aggro ge has had to get it. I think the man will ensure the creditors get there money and the CVA is honoured. He has recommited to pay the charities and small creditors in full, none of which are his liability so I hope those who were giving the man grief will think about it now. Now we can get back to moaning about the things that really count like the Ref's eye sight and the state of the pies. I'm happy with the stadium not to moan about it- well not until next season anyway.
russellm
24/10/2010 01:27:00
0
Wow, can't believe it, so happy for you all! Can't wait to see you back in the Prem soon!
The Horses Mouth
24/10/2010 01:46:00
0
Some people are on the p1$$ ........ THEY THINK IT IS ALL OVER........ IT IS NOW!
russellm
24/10/2010 02:09:00
0
Its the best news we have had for a while (save for the teams actual work on the pitch which has been awesome). Hopefully the club can start to move forward now,maybe get into a more positive frame of mind!
NZ_Portsmuff
24/10/2010 02:27:00
0
What a difference a day makes! I'll think i'll hold off on the celebrating for now, serious investment is needed but at least we've moved forward.
Steve C
24/10/2010 05:24:00
0
I must agree with Russellm..BC has kept EVERY promice so far, has paid creditors under£2k in full, provided £7M reserve..and now takes out of Administration... I cant find the SSN article where there is mention of him having a consortium joining him, or of the promice of surprises...but i will take him at his work...maybe its Peter lim after his disapointment at being denied Liverpool ownership...offering to us a FP refurb...Hmm not sure about that for loads ofd reasons
plymouth graham
24/10/2010 06:26:00
0
Im so happy right now! I was sure we was gone, but I was wrong and how happy that I was PLAY UP POMPEY
sadler15
24/10/2010 07:16:00
0
DIC group still floating round after Liverpool disapointment - id take that one guys!
southportpompey
24/10/2010 07:48:00
Page 1/2
  1. 1
  2. 2

Login to post a comment

Recent Portsmouth Articles

Pompey v Newport - Follow Live On Twitter

Pompey are at Fratton Park with Newport the visitors today, this will be a 3pm kick-off.

On this day in history...25th March

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 25th March.

Now for Pompey's football focus

Takeover talk has dominated this week but now Pompey have to turn attention back to the promotion bid with a reaction to last Saturday's defeat at Stevenage wanted when Newport visit.

Vital Preview - League 2, 25th-26th March 2017

The 2016-17 season continues with the latest round of games this weekend. This will see us among those involved with three points of course the aim.

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)

Pompey v Newport?
Suggested By: pompeyrug
Pompey win67%
Draw22%
Newport win11%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Doncaster 38 23 9 6 78 31
2 Plymouth 38 22 6 10 72 18
3 Portsmouth 38 19 8 11 65 25
4 Stevenage 38 19 4 15 61 12
5 Luton 38 15 15 8 60 20
6 Carlisle 38 15 14 9 59 0
7 Exeter 38 17 7 14 58 16
8 Blackpool 38 14 15 9 57 20
9 Mansfield 38 14 13 11 55 3
10 Wycombe 38 15 10 13 55 1
11 Colchester 38 15 9 14 54 3
12 Cambridge 37 15 8 14 53 6
13 Grimsby 38 14 9 15 51 -2
14 Accrington 37 12 12 13 48 -1
15 Barnet 38 11 15 12 48 -5
16 Morecambe 38 13 7 18 46 -13
17 Yeovil 38 10 15 13 45 -9
18 Crewe 38 11 12 15 45 -11
19 Crawley 38 12 9 17 45 -16
20 Notts County 38 12 7 19 43 -23
21 Hartlepool 38 10 11 17 41 -15
22 Cheltenham 38 9 12 17 39 -14
23 Newport 38 7 12 19 33 -20
24 Leyton Orient 38 9 5 24 32 -26
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Portsmouth Results (view all)

Portsmouth Fixtures (view all)

Mar 25 2017 3:00PM : Newport County (H)
Sky Bet League Two
Apr 1 2017 3:00PM : Hartlepool United (a)
Sky Bet League Two
Apr 8 2017 3:00PM : Yeovil Town (H)
Sky Bet League Two
Apr 14 2017 2:30PM : Plymouth Argyle (H)
Sky Bet League Two
Apr 17 2017 3:00PM : Notts County (a)
Sky Bet League Two
Apr 22 2017 3:00PM : Cambridge United (H)
Sky Bet League Two

Vital Members League Table

RankNamePoints
1.pompeyrug69
2.PompeyFrippy47
3.storagematt37
4.Copnor4325
5.stubbsy00723
6.FrattonBlue19
7.Jimsmithswig18
8.eastneydave16
9.Dorking Pompey15
10.uspompeyfan13
The Vital Football Members League