Pompey Supporters Trust Confident of Takeover Despite Further Delays

By iSportconnect | February 1, 2013

Pompey Supporters Trust (PST) insist their plans to buy Portsmouth Football Club have not been derailed by a third adjournment of their court case.

The League One club’s stadium, Fratton Park, is still in the hands of the troubled club’s former owner, Balram Chainrai. Administators PKF must gain Chainrai’s permission to sell the ground before any deal with the PST can go ahead, though no agreement has yet been reached.

The court case that will settle the matter will now be held on 15 Febraury. PST chairman does not believe that the deal will affect their takeover of the club.

He said: “The new delay is very frustrating for the PST bid team and we share that feeling with many fans I am sure.

“However, the hearing is not directly PST’s affair, but we see it as a move which helps us to get our bid over the line.

“We have been working very hard on preparing for the case, but it remains a very complex deal and there have been significant paperwork demands and legal hurdles to get over.

“Our bid is virtually complete and the additional time will allow the final i’s to be dotted and t’s to be crossed, before the case is put before a High Court Judge.

“We remain confident we will take control of the club by early March.”