The Pompey Chimes

The Pompey Chimes. Portsmouth Football Club Fans. Play up Pompey!

Portpin statement 'preferred bidder status has no basis in law'

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Thursday October 18, 2012 5:39 PM - 5:39 PM
Fratton Park, Portsmouth, England


PORTPIN say they will continue to work with the Football League to ensure the firm is ‘ready to complete the acquisition’ of Pompey.

It comes as the Pompey Supporters’ Trust were today named as preferred bidders by administrators PKF to take over at Fratton Park.

But a Portpin spokesman said today: ‘We continue to work with the Football League to ensure we are ready to complete the acquisition of Portsmouth Football Club.

‘Our discussions remain productive and we have been given no reason to believe that there are any remaining obstacles to our bid.

‘Whilst we note PKFs decision, we recognise that preferred bidder status has no basis in law.

‘And we are confident that our bid offers both the best deal for creditors and is the only fully funded offer to provide Portsmouth FC with a financially sound and sustainable future.’

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