UK time is: 15:33:29
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 Articles

On this day in history...19th April (Saturday April 19 2014)

A mini Pompey wrap (Thursday April 17 2014)

On this day in history...17th April (Thursday April 17 2014)

Toast Special - The run in (Wednesday April 16 2014)

On this day in history...16th April (Wednesday April 16 2014)

Ferry out for the season? (Tuesday April 15 2014)

On this day in history...15th April (Tuesday April 15 2014)

Confidence matters (Monday April 14 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. storagematt 95
2. PFCblue 84
3. mslorna48 71
4. pompeyrug 58
5. Emsworthianblue 42
6. Pompeytim 32
7. Lemmi 26
8. eastneydave 25
9. PompeyJake 13
10. Jimsmithswig 13

League Results (view all)

League Table (view table)

Team P W D L GD Pts
14. Wimbledon 43 13 14 16 -5 53
15. Cheltenham 43 12 16 15 -9 52
16. Accrington 43 12 15 16 -3 51
17. Portsmouth 42 12 15 15 -12 51
18. Morecambe 43 12 14 17 -14 50
19. Hartlepool 42 13 10 19 -2 49
20. Exeter 43 12 13 18 -6 49

Breaking League News

Bury v Argyle Match Highlights
Plymouth : 19/04/2014 12:23:00
The Report: Rochdale 0 Southend 3
Southend : 19/04/2014 12:00:00
Argyle Player of the Season?
Plymouth : 19/04/2014 11:46:00
Cod Army Report: Cheltenham 1 Fleetwood 2
Fleetwood : 19/04/2014 09:00:00
On this day in history...19th April
Portsmouth : 19/04/2014 07:00:00
The Opposition View - Northampton Town
Wycombe : 19/04/2014 01:02:00
Blues and Cobblers end all square
Wycombe : 18/04/2014 22:19:00

Current Site Poll (view all polls)

Pompey v Bristol Rovers?
Suggested By:  
Pompey win 84%
Bristol Rovers win 0%
Draw 16%