Portsmouth - (Conditional) Sale of Pompey to PST confirmed
UK time is: 22:50:55
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.


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

Yeovil MotM and Cambridge next (Friday October 9 2015)

L2 round-up after Pompey 0-0 Yeovil (Friday October 9 2015)

On this day in history...9th October (Friday October 9 2015)

On this day in history...8th October (Thursday October 8 2015)

An ongoing process (Wednesday October 7 2015)

That's why he's in demand! (Wednesday October 7 2015)

Patience is a virtue (Wednesday October 7 2015)

Archived Portsmouth Articles

List All Vital Pompey Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Publishing Entire League Network of Sites

Vital Members League (view all)

1. pompeyrug 41
2. Et_tu_Pompeii 17
3. Pompeytim 15
4. storagematt 13
5. Copnor43 8
6. penton 7
7. mslorna48 6
8. steaming 6
9. eastneydave 6
10. Ronald Wilson 4

League Results (view all)

League Table (view table)

Team P W D L GD Pts
1. Plymouth 11 7 2 2 9 23
2. Wycombe 11 6 3 2 8 21
3. Leyton Orient 11 6 3 2 7 21
4. Portsmouth 11 5 5 1 7 20
5. Oxford 11 5 5 1 7 20
6. Mansfield 11 5 4 2 8 19
7. Accrington 11 5 4 2 5 19

Portsmouth Fixtures (view all)

Breaking League News

Pompey Predictions League - update no.11
Portsmouth : 09/10/2015 21:54:00
Pompey will carry on looking to play good football
Portsmouth : 09/10/2015 21:20:01
Gnanduillet Arrives On Loan
Stevenage : 09/10/2015 21:15:00
Bennett Heads To Newport
Notts County : 09/10/2015 21:11:00
We Must Do Moore
Hartlepool : 09/10/2015 21:00:00

Current Site Poll (view all polls)

Cambridge v Pompey?
Suggested By:  pompeyrug
Pompey win 100%
Draw 0%
Cambridge win 0%