UK time is: 20:51:42
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

Portpin response comes

The response to The PST moving that step closer to completing the takeover of Portsmouth Football Club was always going to bring a response from Balram Chainrai.

And a Portpin statement has duly arrived...

Portpin insist that they remain 'the best offer for the future' of this club and 'remain ready to complete' a deal in days should The PST be unsuccessful.

It is also claimed that the football league have not rejected their application: 'we still believe our bid remains the best offer for the future of Portsmouth Football Club.

'We remain ready to complete the deal in a matter of days, should the Trust be unsuccessful. That is our intention, and despite ill-informed gossip to the contrary, the Football League have not rejected our application.

'The Trust's bid is conditional on securing a deal to flip Fratton Park and sell it to property developers. The money raised from that sale is vital to fund their bid and yet the rental agreement will ratchet up costs and put the Club under more pressure every year that goes by.

'We believe that keeping Fratton Park under the ownership of the Club-which our bid guarantees-is of paramount importance to the future of Portsmouth Football Club if it is to remain at the heart of the community.'

So looking for 1m, or more, per season in rent for PFC to play at Fratton Park under you Chainrai would not 'ratchet up costs' then would it Balu!

I wish that the football league would officially confirm once and for all if they do have objections to the takeover from Portpin or not, if they do then that blows them, and their thoughts, well and truly out of the water...

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: 1:28PM

Your Comments

I second your final paragraph, Rug. All we seem to get from the PST and BC is 'point scoring'. Let's have some truth from Birch and the FL.
PFCblue
i just worry we will end paying rent to somebody who does not care about the club..
plymouth graham
The FL deffo sent a six page letter to Portpin last explaining that they would not pass the Owners and directors test, so they shouldn't bother applying. This was because Chinny's lawyers kept bothering them. The PST have a watertight deal to pay Stuart Robinson about 10% of the rent Chinny wanted (1.2 million a year was Portpin's offer!). Chinny has had his time. He can never own Pompey again. It's Trust or bust for sure now. You want a football club? Back the trust by pledging, or getting down FP on match days!
Nagoyablue
I meant last week....
Nagoyablue
 

Have Your Say

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

Recent Portsmouth Articles

Another Pompey win (Wednesday July 23 2014)

AA not 'actively pursuing anyone' (Tuesday July 22 2014)

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

Pompey's key to success (Monday July 21 2014)

Pompey crush Rocks (Saturday July 19 2014)

On this day in history...19th July (Saturday July 19 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 106
2. PFCblue 49
3. mslorna48 48
4. Lemmi 40
5. eastneydave 29
6. Emsworthianblue 22
7. pompeyloyal 12
8. Et_tu_Pompeii 10
9. storagematt 7
10. NZ_Portsmuff 7

League Results (view all)

Latest Results

League Table (view table)

Team P W D L GD Pts
14. Northampton 0 0 0 0 0 0
15. Oxford 0 0 0 0 0 0
16. Plymouth 0 0 0 0 0 0
17. Portsmouth 0 0 0 0 0 0
18. Shrewsbury 0 0 0 0 0 0
19. Southend 0 0 0 0 0 0
20. Stevenage 0 0 0 0 0 0

Breaking League News

More Globe Entertainment
Morecambe : 23/07/2014 20:49:00
Sunderland Edge Out Carlisle
Carlisle : 23/07/2014 20:46:00
McLaughlin Signs For Burton
Burton : 23/07/2014 20:43:00
Brewers Win At Hednesford
Burton : 23/07/2014 20:41:00
McNulty Gets New Two Year Deal
Luton : 23/07/2014 17:28:00

Current Site Poll (view all polls)

AA says we are done but are we still short in...
Suggested By:  pompeyrug
Defence 50%
Midfield 0%
Attack 25%
In AA we trust! 25%