Vital Football

Portpin response comes

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



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

Writer:pompeyrug
Date:Thursday November 15 2012
Time: 1:28PM

Comments

0
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
15/11/2012 14:11:00
0
i just worry we will end paying rent to somebody who does not care about the club..
plymouth graham
15/11/2012 17:54:00
0
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
16/11/2012 07:28:00
0
I meant last week....
Nagoyablue
16/11/2012 07:29:00
Page 1/1
  1. 1

Login to post a comment

Recent Portsmouth Articles

On this day in history...9th February

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 9th February.

On this day in history...8th February

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 8th February.

Match highlights - Pompey 0-1 Orient

Disappointing as it was, you take the rough with the smooth and cannot gloss over things when they aren't so good so here goes with the 1-0 defeat Pompey suffered against Orient.

Simply not good enough!

Call me a moaner, call me a groaner but if you think the performance against Orient was good enough then I think you're wearing blue tinted specs as that was poor from Pompey.

Archived Vital Pompey Articles

Vital Pompey articles from

Site Journalists

pompeyrug
Profile
eastneydave
Profile
paultsmouth
Profile
Chix
Profile

Current Poll (see more polls)

Orient MotM
Suggested By: VitalPompey
Fulton25%
Freeman5%
Burgess33%
Clarke0%
Stevens11%
Roberts5%
Doyle0%
Close5%
Bennett0%
Smith5%
McNulty0%
Sub - Evans0%
Sub - McGurk0%
Sub - Chaplin11%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Northampton 28 19 4 5 61 20
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 Mansfield 30 13 8 9 47 9
6 Leyton Orient 30 12 10 8 46 5
7 Portsmouth 28 11 12 5 45 20
8 Accrington 26 13 6 7 45 12
9 Cambridge 30 12 8 10 44 3
10 Wycombe 28 12 7 9 43 5
11 Wimbledon 28 11 9 8 42 7
12 Carlisle 26 11 9 6 42 5
13 Exeter 28 11 7 10 40 -1
14 Luton 30 10 8 12 38 1
15 Crawley 30 11 4 15 37 -13
16 Morecambe 30 10 6 14 36 -3
17 Notts County 27 10 6 11 36 -6
18 Barnet 28 9 6 13 33 -8
19 Stevenage 30 6 10 14 28 -15
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 28 4 8 16 20 -21
24 York 28 4 8 16 20 -23
Latest F1 News
Latest Vital Boxing News

Portsmouth Fixtures (view all)

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
Mar 5 2016 3:00PM : Stevenage (a)
Sky Bet League Two

Recent Portsmouth Results (view all)

Vital Members League Table

RankNamePoints
1.pompeyrug33
2.Jimsmithswig18
3.FrattonBlue15
4.Pompeytim13
5.storagematt11
6.Copnor439
7.mslorna485
8.Emsworthianblue4
9.PompeyJake4
10.PFCblue3