UK time is: 08:50:44
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Fighting back!

The gloves have come off and The PST come out fighting!

A response to Balram Chainrai's recent statements about what his own Portpin bid can 'bring to the club' that The PST's cannot, with his totally dismissive of the bid, has been launched.

This statement, below, was issued on The PST website (here) on Wednesday afternoon...

Pompey Supporters' Trust can confirm its bid to buy Portsmouth FC is still live and on the table.

Despite recent speculation that administrators PKF has selected Portpin as preferred bidders for Portsmouth Football Club, the Trust has not been informed of any decision to this effect officially.

Moreover, to be successful, Portpin's bid would need to be approved by the Football League.
PST has written to the league to question whether Portpin's bid is eligible under the Football League's own rule book and Owners And Directors' Test guidelines.

PST Chairman Ashley Brown commented: "Pompey fans have experienced a huge amount of uncertainty in the last ten months. This has been heightened by more speculation in the last 48 hours. We want to update our members and supporters on our position. We want to assure our supporters that we are still ready, willing and able to proceed with the purchase of the club if we are chosen to do so.

"Our bid is sensible, financially sustainable and viable. We firmly believe our bid is the best for the future of the football club, and offers a fair return to all creditors including the small creditors who have still not been paid from the previous period of administration. We believe Portpin is the wrong choice for PFC.

"Let's not forget the actions of Portpin have led to Portsmouth FC suffering two relegations, lose 19 points, with another ten on the cards, and go into administration twice. Local businesses and charities have suffered the consequences of their actions, as well as the players and staff, not to mention the fans.

"Portpin's comments in the media about our bid not being financially viable are simply untrue. Our bid is fully funded and the business plan is robust, both of which have been accepted by the league and PKF. Our forecasts, as they involve new money, are significantly better than Portpin's, which will introduce significant debt from day one. Our proposals also result in the re-uniting of the club and the ground on a debt-free basis.

"We have a united, professional bid team, the support of our local MP and council, and of Pompey fans who have funded our bid. We have a very good bid on the table, and it will stay there until we receive formal notification that another bidder has been selected and approved by the football governing bodies.
"

Well said, and good to see a few body blows given back in response to Chainrai's own punches recently!

I particularly like this bit, which I think is maybe being all too easily forgotten by some: 'let's not forget the actions of Portpin have led to Portsmouth FC suffering two relegations, lose 19 points, with another ten on the cards, and go into administration twice. Local businesses and charities have suffered the consequences of their actions, as well as the players and staff, not to mention the fans.'

That is some way to respond, we now await the next move but who will deliver the knockout blow - or is that what the footballing authorities will be doing...

PLAY UP POMPEY!

Click here to make your prediction: Pompey v Scunthorpe.

Join the Vital Pompey Debate

Vital Pompey on: facebook Vital Pompey on: twitter

Join the Vital Pompey Forum Debate




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



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

The Journalist

Writer: pompeyrug Mail feedback, articles or suggestions

Date:Thursday September 27 2012

Time: 12:58PM

Your Comments

Gloves off - this site has become like a boxing site recently!!! No well said Ash!! Why do we have to be kept waiting so long?
eastneydave
The bit you like Rug is very emotive but can't be all laid at BC's door. Using that basis you could say that the relegations and loss of points were down to Mandaric selling to a con-man and then .........
PFCblue
Lets not forget the actions of Portpin have prevented Pompey being liquidated - I'm sure that's what you meant to add in the tradition if editorial balance. My point of view is I am only likely to get 10% of the money I'm truly owed had Chan not done his thing I'd be getting nothing- your previous noble concern for the creditors seems to have disappeared Rug? The trust like Chan has never been honest about its bid thee has always been the drip feed of true facts and their bid is STILL not published.
russellm
Hi Russs, Im not sure a bidished can be published-can it? and did GET your money from BC, or a Promice, because that last tieI tried to spend a Promice the shop owner promiced to give the goods when i turned up with the cash.Something BC seems to have failed to doin the past
plymouth graham
Hi Russs, Im not sure a bidished can be published-can it? and did GET your money from BC, or a Promice, because that last tieI tried to spend a Promice the shop owner promiced to give the goods when i turned up with the cash.Something BC seems to have failed to doin the past
plymouth graham
but if chainrai had HONOURED his PROMISE last time Russ (not sure if you are a small creditor or above that 2,500) then you would have already had you money back - he failed to, as i say like he promised, to pay off these creditors. what makes you think he will honour his agreement this time? i would wager he will do all he can to shift us as quickly as he can with the agreements he puts in place then shifted to these new owners, and if they do not honour them you get screwed even more...
is there any proof (granted none for either) that The PST are not going to be able to honour their payment to creditors, which i thought was on a par with (if not better) than Chainrai's offer anyway!
pompeyrug
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Articles

On this day in history...24th April (Thursday April 24 2014)

Does AA deserve the job? (Wednesday April 23 2014)

On this day in history...23rd April (Wednesday April 23 2014)

Toast 7#37 - six of the best (Tuesday April 22 2014)

On this day in history...22nd April (Tuesday April 22 2014)

Stats: Northampton v Pompey (Monday April 21 2014)

Stats: Pompey v Bristol Rovers (Sunday April 20 2014)

Archived Articles

List All Vital Pompey Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. PFCblue 123
2. storagematt 123
3. pompeyrug 107
4. mslorna48 97
5. Emsworthianblue 56
6. Pompeytim 43
7. eastneydave 42
8. Lemmi 28
9. PompeyJake 19
10. Jimsmithswig 19

League Results (view all)

League Table (view table)

Team P W D L GD Pts
10. Bury 44 13 18 13 8 57
11. Dag & Red 44 14 15 15 -4 57
12. Mansfield 44 14 15 15 -8 57
13. Portsmouth 44 14 15 15 -10 57
14. Wimbledon 44 14 14 16 -4 56
15. Newport 44 13 16 15 -3 55
16. Cheltenham 44 13 16 15 -7 55

Breaking League News

On this day in history...25th April
Portsmouth : 25/04/2014 07:00:00
Big Calvin boxing clever
York : 24/04/2014 22:20:00
We're in this together - Montrose
York : 24/04/2014 22:10:00
Worthy wants it sorted
York : 24/04/2014 21:59:00
Man In The middle Vs Wycombe
Bristol Rovers : 24/04/2014 16:52:00
Mildenhall Star Man In Rochdale Defeat
Bristol Rovers : 24/04/2014 16:26:00
Preview: Wycombe Wanderers v Bristol Rovers
Wycombe : 24/04/2014 13:27:00

Current Site Poll (view all polls)

Bury v Pompey?
Suggested By:  
Pompey win 0%
Bury win 100%
Draw 0%