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Thread: Administrator boosts Pompey fans
- 25th June 2012, 01:00 PM #1
Administrator boosts Pompey fans
25 June 2012 Last updated at 11:28 GMT
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By Tony Husband BBC South Today sports editor at Fratton Park
An attempt by Portsmouth fans to take over the club is worthy of serious consideration, according to the administrator overseeing the sale.
Trevor Birch made his comment at the start of Monday's creditors' meeting at Fratton Park.
The Portsmouth Supporters' Trust has submitted a rival offer to that of former owner Balram Chainrai.
And the meeting was suspended while his representatives discussed changes to a proposed Company Voluntary Arrangement.
Chainrai's company has offered creditors two pence in the pound and if the CVA is approved, it could see the club come out of administration.
However, addressing the meeting, Birch warned that exiting administration would not guarantee the club would be granted their football share in the Football League as a newco.
Membership is always "at the discretion of the league," he added.
More to follow.
Also related to this story
- Pompey fans lodge takeover offer 22 Jun 2012 Portsmouth
- PST lawyer warning for players 15 Jun 2012 Portsmouth
- Portsmouth fans in talks over bid 11 Jun 2012 Portsmouth
- PST close to tabling Pompey bid 08 Jun 2012 Portsmouth
- Pompey survival '50/50' - Birch 26 Apr 2012 Portsmouth
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Article Source : BBC News
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