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

Best of Vital Network

Recent Portsmouth Articles

Video - Pompey 2-1 Newport

With Stevenage drawing and Blackpool the only potential challenger winning we've got a six point cushion on Boro that's effectively seven given our superior goal difference.

On this day in history...26th March

A look back at this day in history, and what was happening with Pompey courtesy of our sister site PompeyRama, 26th March.

Sunday Chimes #110 - Pompey just edge home

Three more vital points as Pompey get nervy, takeover ahead, League Two team of the season, next week and more..

Stats: Pompey v Newport Town

All the stats from Pompey (2) vs (1) Newport Town, Fratton Park, 25/03/17 Att: 17,364

Archived Vital Pompey Articles

Vital Pompey articles from

Site Journalists

pompeyrug
Editor email
Profile
eastneydave
Editor email
Profile
paultsmouth
no email
Profile

Current Poll (see more polls)

Newport MotM
Suggested By:
Forde22%
Evans0%
Davies0%
Clarke0%
Stevens0%
Rose14%
Doyle0%
Baker0%
Naismith57%
Bennett7%
Doyle0%
Sub-Chaplin0%
Sub-Lowe0%
Sub-Whatmough0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Doncaster 38 23 9 6 78 31
2 Plymouth 38 22 6 10 72 18
3 Portsmouth 39 20 8 11 68 26
4 Stevenage 39 19 5 15 62 12
5 Blackpool 39 15 15 9 60 21
6 Luton 39 15 15 9 60 19
7 Exeter 39 17 8 14 59 16
8 Carlisle 39 15 14 10 59 -2
9 Mansfield 39 15 13 11 58 5
10 Colchester 39 16 9 14 57 4
11 Wycombe 39 15 10 14 55 0
12 Cambridge 38 15 9 14 54 6
13 Grimsby 39 14 10 15 52 -2
14 Barnet 39 12 15 12 51 -3
15 Accrington 38 12 13 13 49 -1
16 Crewe 39 12 12 15 48 -9
17 Crawley 39 13 9 17 48 -13
18 Yeovil 39 10 16 13 46 -9
19 Morecambe 39 13 7 19 46 -15
20 Notts County 39 13 7 19 46 -22
21 Hartlepool 39 10 11 18 41 -16
22 Cheltenham 39 9 12 18 39 -16
23 Newport 39 7 12 20 33 -21
24 Leyton Orient 39 9 5 25 32 -29
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Portsmouth Results (view all)

Portsmouth Fixtures (view all)

Apr 1 2017 3:00PM : Hartlepool United (a)
Sky Bet League Two
Apr 8 2017 3:00PM : Yeovil Town (H)
Sky Bet League Two
Apr 14 2017 2:30PM : Plymouth Argyle (H)
Sky Bet League Two
Apr 17 2017 3:00PM : Notts County (a)
Sky Bet League Two
Apr 22 2017 3:00PM : Cambridge United (H)
Sky Bet League Two
Apr 29 2017 3:00PM : Mansfield Town (a)
Sky Bet League Two

Vital Members League Table

RankNamePoints
1.pompeyrug70
2.PompeyFrippy47
3.storagematt37
4.Copnor4325
5.stubbsy00723
6.eastneydave19
7.FrattonBlue19
8.Jimsmithswig18
9.Dorking Pompey16
10.uspompeyfan13
Write for Vital Football