Vital Football

(Conditional) Sale of Pompey to PST confirmed

(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



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

Writer:pompeyrug
Date:Thursday November 15 2012
Time: 8:53AM

Login to post a comment

Recent Portsmouth Articles

On this day in history...6th February

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 6th February.

Blues MotM at Morecambe

The 1-1 draw at Morecambe will always be remembered for 'that goal' from bloody Barry Roche with it his goal, deep into injury-time that denied us a precious 3pts at the Globe Arena.

LEYTON ORIENT PREVIEW

Pompey return to familiar surroundings hoping to quickly move on from Tuesday night's gutting 94th minute leveller from Morecambe keeper Roche.

Leyton Orient provide the test, a side 9th in th

What A Sickener!

What A Sickener! By Terraceman who remembers 1984.

Archived Vital Pompey Articles

Vital Pompey articles from

Site Journalists

pompeyrug
Profile
eastneydave
Profile
paultsmouth
Profile
Chix
Profile

Current Poll (see more polls)

Pompey v Leyton Orient?
Suggested By: pompeyrug
Pompey win76%
Draw12%
Leyton Orient12%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Northampton 27 18 4 5 58 18
2 Plymouth 29 17 5 7 56 17
3 Oxford 27 14 9 4 51 19
4 Bristol Rovers 29 14 5 10 47 10
5 Portsmouth 27 11 12 4 45 21
6 Accrington 25 13 6 6 45 14
7 Mansfield 29 12 8 9 44 8
8 Wycombe 27 12 7 8 43 6
9 Leyton Orient 29 11 10 8 43 4
10 Wimbledon 28 11 9 8 42 7
11 Cambridge 29 11 8 10 41 2
12 Exeter 28 11 7 10 40 -1
13 Carlisle 25 10 9 6 39 3
14 Morecambe 29 10 6 13 36 -2
15 Notts County 27 10 6 11 36 -6
16 Luton 29 9 8 12 35 0
17 Crawley 29 10 4 15 34 -14
18 Barnet 28 9 6 13 33 -8
19 Stevenage 29 6 10 13 28 -14
20 Newport 28 6 9 13 27 -11
21 Yeovil 29 5 9 15 24 -14
22 Hartlepool 25 7 3 15 24 -18
23 Dag & Red 27 4 8 15 20 -20
24 York 27 4 8 15 20 -21
Latest F1 News
Latest Vital Boxing News

Portsmouth Fixtures (view all)

Feb 6 2016 3:00PM : Leyton Orient (H)
Sky Bet League Two
Feb 13 2016 3:00PM : Bristol Rovers (H)
Sky Bet League Two
Feb 20 2016 3:00PM : Yeovil Town (a)
Sky Bet League Two
Feb 23 2016 7:45PM : Barnet (a)
Sky Bet League Two
Feb 27 2016 3:00PM : Cambridge United (H)
Sky Bet League Two
Mar 1 2016 7:45PM : Exeter City (a)
Sky Bet League Two

Recent Portsmouth Results (view all)

Vital Members League Table

RankNamePoints
1.pompeyrug29
2.Jimsmithswig18
3.FrattonBlue11
4.storagematt8
5.Pompeytim7
6.Copnor436
7.PompeyJake3
8.PFCblue3
9.mslorna483
10.Emsworthianblue3