Keith Harris Fails in New Portsmouth Bid

February 19, 2013

Former Football League chairman Keith Harris has seen a second bid for Portsmouth Football Club rejected by the league. His revised offer promised a free 15% stake in the club to fans.

The preffered bidders are the Pompey Supporters’ Trust (PST), who have been approved by the Football League and the club’s creditors. This latest news follows the PST’s announcement that they had no interest in Harris’ latest offer.

A Football League statement said: “The Board is not considering alternative applications for the transfer of Portsmouth’s share in The Football League.Instead, it remains focused on a successful transfer of share to the preferred bidder, the Pompey Supporters Trust.”

The PST bid is dependent on the group gaining control of Fratton Park, the League One club’s home ground, and they have yet to reach an agreement with Balram Chainrai, Portsmouth’s former owner, over the sale. A court hearing on Thrusday will set a date for a final valuation of the stadium.