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

On this day in history...4th December

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 4th December.

Sunday Chimes #97 - a week off but a look ahead

Grimsby next Saturday a look back, Smith almost snatches a prize, a chance to meet Motty and the tragedy of Chapecoense..

On this day in history...3rd December

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 3rd December.

Evans - Right back or right midfield?

Drew Talbot and Adam Buxton are fit but Gareth Evans continues to fill in at right back. Should this change? If so where would it leave the battle between Evans and Carl Baker?

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)

Change at right back? If so where would this leave Evans?
Suggested By: pompeyrug
Keep Evans at RB20%
Drop Evans. Talbot or Buxton at RB50%
Drop Baker. Evans at RM0%
Keep Barker in RM. Leave out Evans completely0%
Cookie knows best (?) In him we trust30%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Doncaster 19 12 3 4 39 14
2 Carlisle 19 10 8 1 38 14
3 Plymouth 19 12 2 5 38 8
4 Portsmouth 19 9 4 6 31 12
5 Luton 19 8 7 4 31 10
6 Yeovil 19 8 4 7 28 1
7 Wycombe 19 8 4 7 28 1
8 Blackpool 19 7 6 6 27 11
9 Barnet 19 6 9 4 27 0
10 Grimsby 19 7 5 7 26 2
11 Crewe 19 6 8 5 26 -3
12 Cambridge 19 7 4 8 25 -2
13 Mansfield 19 6 7 6 25 -4
14 Stevenage 18 7 3 8 24 -1
15 Colchester 19 6 5 8 23 1
16 Crawley 19 6 5 8 23 -11
17 Morecambe 19 7 2 10 23 -13
18 Hartlepool 19 5 7 7 22 -4
19 Notts County 19 6 4 9 22 -8
20 Accrington 19 5 6 8 21 -5
21 Exeter 19 6 2 11 20 -5
22 Leyton Orient 19 5 3 11 18 -5
23 Cheltenham 19 3 9 7 18 -8
24 Newport 18 4 5 9 17 -5
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)

Dec 10 2016 3:00PM : Grimsby Town (a)
Sky Bet League Two
Dec 17 2016 3:00PM : Hartlepool United (H)
Sky Bet League Two
Dec 26 2016 3:00PM : Newport County (a)
Sky Bet League Two
Dec 30 2016 7:45PM : Yeovil Town (a)
Sky Bet League Two
Jan 2 2017 3:00PM : Luton Town (H)
Sky Bet League Two
Jan 5 2017 7:45PM : Doncaster Rovers (a)
Sky Bet League Two

Vital Members League Table

RankNamePoints
1.eastneydave5
2.storagematt4
3.Copnor434
4.PompeyFrippy1
5.Dorking Pompey1
Vital Football Comment