Vital Football

PFC statement - safe for now...

PFC statement - safe for now...

The Pompey Site has issued the following statement confirming that Vladimir Antonov has resigned as chairman and director and that CSI have indeed gone into admin

More below...

Portsmouth Football Club Statement

Portsmouth Football Club can today provide the following information regarding recent events as a result of issues relating to Vladimir Antonov and Snoras Bank:

The club's parent company, Convers Sports Initiatives plc (CSI), has been placed into administration.

Vladimir Antonov has resigned as chairman and director of Portsmouth Football Club.

Portsmouth Football Club (2010) Limited - the company that operates PFC - is not in administration and continues to trade.

The club has funding in place for the short term, but will now be seeking alternative investment for its longer-term requirements.

Pompey chief executive David Lampitt said: "After the extraordinary amount of work put in by so many people over the last 18 months to get to this point, it is incredibly disappointing for the club to find itself in this position.

"I want to assure staff and fans that we will continue to do everything possible to safeguard the position of the club and its longer term future."


Quite how much money has been 'put aside' and how long it will last remains to be seen, although given the operating costs of a football club, and payments that need to be repaid, you would not 'think' it would last that long so another new owner is being sought, again!

Maybe the 'rumours' that Balram Chainrai could reclaim ownership of the club once again may well be proven true?

Crook and villains need not apply, although the often do!

'If' we can find someone that genuinely wants to own a club and wants to save it they are going to be heavily grilled and will find, more than ever, that getting the fans to actually 'believe' their motives and vision will be harder than ever...

PLAY UP POMPEY!

Click here to make your prediction: Pompey v Coventry.

Join the Vital Pompey Debate

Vital Pompey on: facebook Vital Pompey on: twitter

Join the Vital Pompey Forum Debate

Frippy's Virtual Bookies - here.



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

Writer:pompeyrug
Date:Tuesday November 29 2011
Time: 4:06PM

Comments

0
I think the llatest poll is out of date after this.
Ihatemidweektvgames
29/11/2011 17:04:00
0
so when Southampton Leisure went under the football club were docked points even though it was a going concern. Doesn't bode well does it.
Ihatemidweektvgames
29/11/2011 17:18:00
0
When it gets to the point that you are no longer surprised/annoyed/disappointed/deflated/stressed by this sort of news coming out of PFC, then I guess you could say apathy has set in !!!!! I guess we can't give the scummers anything else for them to chuck at us tho ? I just hope we are still around on the 18th to be able to play them !! Still......Business as usual.
BarneyArmy
29/11/2011 17:19:00
0
in some way i'm not suprised but i'm also gobsmacked/dismayed/distraught. And resigned as well. The FL will throw the book at us and with relish! Oh well at least we're not scummers!
tracyc
29/11/2011 17:51:00
0
ptid
Ihatemidweektvgames
29/11/2011 17:54:00
0
So the well thought out 5 year plan that was so praised by members on here doesn't have much legs now does it! So it's back to myth, legend, rumour, speculation and desperation all over again. What a bloody shambles. I bet Apple isn't so Appy now either. I think I might take up Pigeon racing it's far less stressful than being a Pompey fan.
Mike1954
29/11/2011 18:07:00
0
The FA/FL should be docked something to go into the Pompey coffers because it was their bad decision through the 'Fit and Proper' which has led to this. Why should the club and fans suffer?
PFCblue
29/11/2011 18:35:00
0
PFCBlue, couldn't agree more. It just goes to show how totally inept the 'fit and proper person' checks are. Also I was under the impression that any prospective owner was required to deposit a significant amount of ring fenced money as a guarantee in order to buy the club for just such situations.
emsworthianblue
29/11/2011 19:34:00
0
IF the bloke has nicked some cash it's a shame he didn't buy a few better players
thepompeypaul
29/11/2011 19:42:00
0
ALLEGED QUOTE My action is very simple. To avoid any difficulties for CSI subsidiaries like PFC and to bring smooth and solid investor SHORTLY! CSI voluntary appointed administrator. Further information and our (me and Mr.Baranauskas statements) will be available via youtube early next week. Cozz everybody probably imagine how shocked we been after this absolutely unexpected action against the group by Lithuania. We will do our best to keep you all posted ASAP and this is pure political case and i'm going to prove it shortly! Also i'll do my best to keep you all happy in CSI world with new proper people and to make it smooth and gentle! I'm very sorry that this people destroyed everything i build in 15 years just in 15 mints. My apologies to all who affected of that. - From Antonov
paultsmouth
29/11/2011 20:47:00
Page 1/1
  1. 1

Login to post a comment

Recent Portsmouth Articles

Pompey aim remains the same

Doncaster, Carlisle & Plymouth are the teams to catch. Pompey are further adrift than we would want but the aim to finish top 3 remains the same. That's targeted in the coming weeks.

Sky's 10 In 10 - Who Features?

Sky Sports being their festive 10 in 10 this week, so who features in the football screening overload for 2016/17?

On this day in history...6th December

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 6th December.

Decision time with Tollitt at Tranmere

Technically this isn't a decision that needs to be made for a couple of weeks as Pompey's former Everton youngster Ben Tollitt is due to remain on loan with Tranmere until Christmas.

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 RB21%
Drop Evans. Talbot or Buxton at RB46%
Drop Baker. Evans at RM0%
Keep Barker in RM. Leave out Evans completely0%
Cookie knows best (?) In him we trust33%
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.Copnor436
2.storagematt5
3.eastneydave5
4.pompeyrug2
5.PompeyFrippy1
6.Dorking Pompey1
Vital Football Comment