Vital Football

Looking like survival, for now anyway

Looking like survival, for now anyway

It looks as though Pompey will make it through the season, this season anyway.

The following statement was issued on The Pompey Site this evening...

Football League Agrees To Release Funds

Trevor Birch, PKF partner and joint administrator at Portsmouth Football Club, released the following statement over discussions with The Football League.

"I am pleased to confirm that there have been some positive developments at Portsmouth Football Club over the last few days. I have held constructive talks with The Football League, who have been incredibly supportive.

"The League will now resume payment of the club's 'Basic Award' monies, which are normally paid on a monthly basis to all Football League clubs. For clubs in the Championship, they amount to around £200,000 a month.

'The League has confirmed that we will receive the four outstanding payments for the current season as and when they fall due, subject to any outstanding balances owed to other clubs. This money will go a long way towards plugging the club`s financial gap and allowing us to complete the season.

'This is clearly a very positive step but I wish to emphasise that we are not out of the woods yet. The additional money buys us more time but it does not solve the club's problems and it does not guarantee the club's survival.

'But thanks to this and other initiatives currently being considered by the joint administrators, which may include further player loans, we should be able to get to the end of the season. PKF's overarching objective is to find a buyer before the money runs out.

"Portsmouth Football Club needs the continued support of the local community if it is to remain in business for the long term. From what I`ve seen over the past few weeks, I know that the fans, staff and players will give it their all.

"I am grateful to The Football League for their efforts in what has undoubtedly been a difficult situation for them. I would also like to thank the PFA, who have been playing an important role behind the scenes throughout the administration process.

"There is still much to do but I am working hard to achieve a successful conclusion for the club."

A Football League spokesman said: "As in all insolvency situations, The Football League is focused on the ultimate survival of the club for its supporters and the wider community. We will now continue working with the administrator to achieve a successful re-structuring of the club."

Nick Cusack, PFA senior executive, said: "The PFA has been working constructively with the joint administrators and has been liaising with The Football League and the Premier League to try to ensure that Portsmouth gets through this very difficult period and emerges as a stronger and more viable football club.

'The players have played their part in accepting deferrals on their wages and have recently gone eight weeks without receiving any pay at all. In that time, the players have shown great commitment to the club and the supporters, and will continue to give their all in order to get Portsmouth back on its feet and stable once more.

This is of course, hopefully, good news as we look 'likely' to at least see the season out.

Of course the football league are helping us as it prevents them having to mop up the chaos left behind if we fail to finish the season but it also buys us 'a little' more time to try and get ownership issues sorted out...


Click here to make your prediction: Brighton v Pompey.

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.

Date:Wednesday March 7 2012
Time: 10:41PM


At least we get to go to scum! Sod the result, we'll just show hem how to support a club
07/03/2012 22:59:00
Saves the league getting sued by clubs who go up / down because all our results were made void. Cheaper than all those court cases
07/03/2012 23:53:00
Mick, after witnessing the vultures circling over our club from the so-called lower league footballing family, I couldn't have given a toss how many clubs sued the Football League (or each other for that matter). I am only interested in our survival As for going to the scum Paultsmouth, I have a recurring nightmare which I hope never becomes a reality that the way the results pan out between now and the season's end, we have the Tony Christie number well and trully shoved down our throats. I hope we are well armed with witty banter, we may need it!!!!
08/03/2012 07:36:00
As Monty Python would say/sing "Always look on the bright side of life"
08/03/2012 08:22:00
Whatever happens, it would have been such a nightmare for our grand old club to meet its demise before the end of a season! I couldn't have taken that! And I had this nightmare scenario in my head that the club would fold just after the trip to St Fairies, which I think we all fear may not go terribly well . . . If we at least complete the season, I can deal with whatever happens next, relegation or not.
11/03/2012 09:48:00
Page 1/1
  1. 1

Login to post a comment

Recent Portsmouth Articles

Double figure aim for Baker

Goals are in the game of Baker; we've seen this already as the midfielder has scored four for Pompey since his arrival from MK Dons in the summer. His aim is at least 10-goals.

On this day in history...27th October

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 27th October.

Match Day Officials v Cambridge (29/10/16)

The Football League have now announced the Match Day officials that will take charge of the game against Cambridge United this Saturday.

May loaned to Sutton

Adam May will spend the next month away from Pompey with non-league side Sutton as he looks to continue his development.

Archived Vital Pompey Articles

Vital Pompey articles from

Site Journalists

Editor email
Editor email
no email
no email

Current Poll (see more polls)

Notts County MotM
Suggested By: Site Staff
Sub - Naismith0%
Sub - Main0%
Sub - Lalkovic0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Plymouth 14 10 2 2 32 12
2 Carlisle 14 7 7 0 28 10
3 Doncaster 14 8 2 4 26 8
4 Luton 14 6 5 3 23 9
5 Portsmouth 14 6 3 5 21 6
6 Notts County 14 6 3 5 21 1
7 Accrington 14 5 5 4 20 1
8 Grimsby 14 6 2 6 20 0
9 Crawley 14 5 5 4 20 -1
10 Morecambe 14 6 2 6 20 -6
11 Mansfield 14 4 7 3 19 1
12 Crewe 14 4 7 3 19 -1
13 Yeovil 14 6 1 7 19 -5
14 Blackpool 14 4 5 5 17 4
15 Colchester 14 4 5 5 17 -1
16 Cheltenham 14 3 7 4 16 -1
17 Hartlepool 14 3 7 4 16 -4
18 Barnet 14 3 7 4 16 -4
19 Cambridge 14 4 4 6 16 -5
20 Leyton Orient 14 4 3 7 15 -2
21 Wycombe 14 4 3 7 15 -5
22 Stevenage 13 4 2 7 14 -3
23 Exeter 14 4 1 9 13 -6
24 Newport 13 1 5 7 8 -8
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)

Oct 29 2016 3:00PM : Cambridge United (a)
Sky Bet League Two
Nov 12 2016 3:00PM : Mansfield Town (H)
Sky Bet League Two
Nov 19 2016 3:00PM : Cheltenham Town (a)
Sky Bet League Two
Nov 22 2016 7:45PM : Luton Town (a)
Sky Bet League Two
Nov 26 2016 3:00PM : Stevenage (H)
Sky Bet League Two
Dec 10 2016 3:00PM : Grimsby Town (a)
Sky Bet League Two

Vital Members League Table

Vital Football Comment