Vital Football

Portco bid downplayed

Portco bid downplayed

You wait all these months for a bid to come in for Pompey and then like buses they all come along at once!

A fifth bidder has 'entered the frame' with an offer from 'UK based investment company' Portco coming in late on Wednesday evening...

Apparently proof of £6.45m has been offered but Portco, who are fronted by Harry Kerr and 'believed' to have Terry Pritchard involved - Pritchard from the Tom Lever failed bid in 2010 fame, are not (according to The News) a 'significant bidder' with their chances of completing a takeover 'downplayed' by a so-called 'insider'.

This insider source, again quoted in The News, said: 'The trust and Portpin very much remain the frontrunners.

'The trust and Portpin are making more progress and they are talking to the Football League. They are at an advanced stage in their business plans.'

Given that fact that extended time is constantly being granted by the administrators can you really say that anyone is 'way behind' other bids?

If proof of funding is provided, and a plan that is better suited to the creditors put forward, can anyone really be dismissed...

I ask myself though why so much 'interest' in Pompey all of a sudden though?

And also ask myself if Portco were genuinely interested why wait so long to make an interest known...

PLAY UP POMPEY!

Click here to make your prediction: Notts County v Pompey.

Join the Vital Pompey Debate

Vital Pompey on: facebook Vital Pompey on: twitter

Join the Vital Pompey Forum Debate



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

Writer:pompeyrug
Date:Thursday September 20 2012
Time: 12:54PM

Best of Vital Network

Vital Boxing - Joshua v Klitschko?

Comments

0
Now I thought the proof was of £6.47m!! Money is money and shirley TB is looking for the highest and the most sustainable bid. Nobody ruled in or out at the moment would be my bet.
eastneydave
20/09/2012 13:57:00
0
OMag Dave ; who is Shirley TB? is it another bid ???? :-)
RussellM
20/09/2012 14:21:00
0
Portco-Plymco more like( thats our Coop down here) Portco, and Portpin, what ever next Port-able, Port-ly..all sounds like vultures circling to me to be fair.
plymouth graham
20/09/2012 14:21:00
0
I believe the renewed interest is because it looks like a parcel of the adjacent could be about to come available to the market.
RussellM
20/09/2012 14:24:00
0
Russell, yes the Gaydamack land is up for sale for around 2.5M i've heard. Issue is it is useless unless tied to the club in someway. Avalon, made a pre tax profit of £66K i have also seen. So where has the 6.45M come from? More information needed before judgement could be made.
bluedr
20/09/2012 20:54:00
0
please let it end soon.
Ihatemidweektvgames
21/09/2012 08:13:00
Page 1/1
  1. 1

Login to post a comment

Recent Portsmouth Articles

Pompey Predictions League - update no.9

The Pompey Predictions League is part of this site now isn't it. Would it be the same without it? This continued with the win against Barnet and will carry on at Blackpool tonight.

On this day in history...27th September

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

Match Day Officials v Blackpool (27/9/16)

The Football League have now announced the Match Day officials that will take charge of the game against Blackpool this Tuesday.

Roberts In Team Of The Week (27/9/16)

Portsmouth are represented in the latest Football League team of the week that has been selected after this week's action.

Archived Vital Pompey Articles

Vital Pompey articles from

Site Journalists

pompeyrug
Editor email
Profile
eastneydave
Editor email
Profile
paultsmouth
no email
Profile
Chix
no email
Profile

Current Poll (see more polls)

Blackpool v Pompey
Suggested By: pompeyrug
Pompey win63%
Draw12%
Blackpool win25%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Plymouth 9 6 1 2 19 4
2 Portsmouth 9 5 2 2 17 9
3 Luton 9 5 1 3 16 8
4 Doncaster 9 5 1 3 16 7
5 Crewe 9 4 4 1 16 4
6 Carlisle 9 3 6 0 15 3
7 Morecambe 9 5 0 4 15 -2
8 Colchester 9 4 2 3 14 2
9 Notts County 9 4 2 3 14 1
10 Accrington 9 4 2 3 14 1
11 Crawley 9 4 2 3 14 -1
12 Grimsby 9 4 1 4 13 2
13 Mansfield 9 3 3 3 12 -1
14 Leyton Orient 9 3 2 4 11 0
15 Hartlepool 9 2 5 2 11 -4
16 Blackpool 9 2 4 3 10 2
17 Barnet 8 2 4 2 10 -2
18 Stevenage 9 3 1 5 10 -3
19 Yeovil 9 3 1 5 10 -4
20 Exeter 9 3 0 6 9 -5
21 Wycombe 9 2 2 5 8 -7
22 Cheltenham 9 1 4 4 7 -3
23 Newport 8 1 3 4 6 -4
24 Cambridge 9 1 3 5 6 -7
Latest F1 News
Latest Vital Boxing News

Recent Portsmouth Results (view all)

Portsmouth Fixtures (view all)

Sep 27 2016 7:45PM : Blackpool (a)
Sky Bet League Two
Oct 1 2016 3:00PM : Doncaster Rovers (H)
Sky Bet League Two
Oct 8 2016 3:00PM : Leyton Orient (a)
Sky Bet League Two
Oct 15 2016 3:00PM : Plymouth Argyle (a)
Sky Bet League Two
Oct 22 2016 3:00PM : Notts County (H)
Sky Bet League Two
Oct 29 2016 3:00PM : Cambridge United (a)
Sky Bet League Two

Vital Members League Table

RankNamePoints
1.pompeyrug63
2.storagematt29
3.PompeyFrippy28
4.Copnor4325
5.FrattonBlue22
6.eastneydave21
7.mslorna4816
8.pompeyweller14
9.uspompeyfan9
10.Dentoblue7