UK time is: 19:15:20
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

(Conditional) Sale of Pompey to PST confirmed

As I am sure most are aware of now PKF have confirmed that the sale of Portsmouth Football Club to the PST has been agreed.

A sale agreement has been signed, although this is merely conditional at the moment.

The following statement was officially released on The Pompey Site this morning...

PKF Sign Conditional Agreement With PST

Trevor Birch, PKF partner and joint administrator of Portsmouth Football Club, has released the following statement:

"We can confirm that we have signed a sale agreement with the Pompey Supporters' Trust (PST) to acquire the business of Portsmouth Football Club.

"Portpin has rejected the Trust's offer for Fratton Park, so the sale has to be conditional on receiving the Court's permission to sell the ground. We are therefore in the process of submitting an application to the Court.

"I'm sure every member of staff, every player and every supporter will join me in wishing to see a speedy resolution to what has been a protracted administration.

"Everyone involved in the transaction has worked incredibly hard to get the deal to this stage and, although there is still much that needs to be done, today's announcement marks what is hopefully the beginning of the end of the process.
"

Obviously it is not quite as easy as 'Balram Chainrai its over to you' but the next move that Balram Chainrai does or does not make will make a fair amount of difference...

The official launch of the PST prospectus will also come later today.

PLAY UP POMPEY!

Click here to make your prediction: Pompey v Doncaster.
Click here to make your prediction: Pompey v Orient.

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 November 15 2012

Time: 8:53AM

 

Have Your Say

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

Recent Portsmouth Articles

On this day in history...30th August (Saturday August 30 2014)

Pompey v Newport IOW (Friday August 29 2014)

Robbo's loan extended (Friday August 29 2014)

On this day in history...29th August (Friday August 29 2014)

Awford's assessment - Stoke 3-0 Pompey (Thursday August 28 2014)

On this day in history...28th August (Thursday August 28 2014)

Stats: Stoke v Pompey (Wednesday August 27 2014)

On this day in history...27th August (Wednesday August 27 2014)

Stoke v Pompey (Tuesday August 26 2014)

Archived Portsmouth 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. pompeyrug 224
2. Lemmi 149
3. PFCblue 127
4. mslorna48 87
5. eastneydave 50
6. storagematt 36
7. Emsworthianblue 28
8. paultsmouth 14
9. PompeyJake 13
10. Jimsmithswig 12

League Results (view all)

League Table (view table)

Team P W D L GD Pts
4. Shrewsbury 5 3 2 0 7 11
5. Wycombe 5 3 1 1 4 10
6. Bury 5 3 1 1 3 10
7. Portsmouth 5 3 1 1 3 10
8. Northampton 5 2 2 1 0 8
9. Cambridge 5 2 1 2 4 7
10. Plymouth 5 2 1 2 3 7

Breaking League News

Southend : 30/08/2014 19:14:00
Dag & Red : 30/08/2014 19:10:00
Exeter : 30/08/2014 18:17:00
Argyle Throw Shrimps On The Barbie
Plymouth : 30/08/2014 18:15:00
Mansfield : 30/08/2014 18:14:00

Current Site Poll (view all polls)

Pompey v Newport?
Suggested By:  pompeyrug
Pompey win 78%
Newport win 22%
Draw 0%