Gigg Lane

Next Game

Bury v Portsmouth

Saturday, 26 April 2014, 15:00

Sky Bet League 2

Sixfields Stadium

Last Game

Northamptn 0 - 1 Portsmouth

Monday, 21 April 2014, 15:00

Sky Bet League 2

Portsmouth fans offered stake

Portsmouth fans are being offered a 15% stake in the club if the group led by Keith Harris completes a takeover of the club.

Last Updated: 18/02/13 at 16:12 Post Comment

The Keith Harris group are ready to takeover Portsmouth

The Keith Harris group are ready to takeover Portsmouth

Harris' offer, made public on Monday, comes after Portsmouth's administrators PKF confirmed earlier this month they were considering a bid he was fronting.

The Football League responded then by announcing the south coast side would be expelled from the Football League if the Pompey Supporters' Trust - PKF's preferred bidder - was not successful.

As part of the proposed takeover, the group led by Harris will follow Swansea in allocating 15% of the shares for free to a group made up of representatives of the fans.

Therefore fans that have donated funds to the PST proposal, current season ticket holders or are hospitality clients will be offered the chance to be involved in the ownership of the club. One fan representative will be elected to the board.

Harris said: "We believe this provides the best combined opportunity for the fans, for HMRC, for other creditors, and will, most importantly, put the club on a secure financial footing after a number of turbulent years - and enable us all, together, to build for the future.

"Our bid is ready to complete immediately so that the club can exit administration and so remove the uncertainty surrounding the club. It will also allow Portsmouth to exit administration with an approved CVA as required under the Football League Regulations."

Harris insisted his group comprised of just him and two co-investors Pascal Najadi, a Swiss citizen who also holds a British passport, and Alan Hitchins, a British citizen.

The group are also promising a 10% discount on season tickets for current holders for the next three seasons.

Harris added: "I would like to add that there have been a number of ill-informed comments made about our bid. For the avoidance of any doubt, our bid is made only by me and my two co-investors, Pascal Najadi and Alan Hitchins. Our bid is entirely independent of any other party whatsoever and we will be warranting that this is the case to The Football League.

"Our bid is not dependent on Court applications, loans from local authorities, property developers or any other third parties, and most importantly is not dependent upon the hard earned money of supporters whose passion and loyalty alone should provide them with the opportunity of ownership of the club.

"Our passion for Portsmouth reflects the passion of every single supporter of the club - stability, security for the future, and success on the pitch."

Related News

Sky Bet

    • Retrieving latest Sky Bet odds

Most Commented

Readers' Comments

W

hy don't you call in Becks as well...and we will all have a lovely tea party!

kimosabi
United: Scholes helping out

M

ourinho is just a good-looking version of Allardyce (Fit Sam?). Clearly 19th century football isn't such a big deal after all?

Ezy_Rider
Chelsea Killed The Game Instead Of Playing It

S

tay put, Pep. Timothy Sherwood has this under control.

slowgraffiti
Guardiola plans Bayern stay

Footer 365

Premier League: Manchester United boss Ryan Giggs to speak to press on Friday morning

Ryan Giggs will meet the media on Friday morning for the first time since taking over as interim Manchester United boss.

Luis Suarez says a Liverpool Premier League title win would be "something amazing"

Luis Suarez is surprised at Liverpool's success and admits he did not think they would be competing for the title.

Europa League: Lima's late winner gives Benfica 2-1 victory in semi-final first-leg

Substitute Lima struck late to help Benfica to a 2-1 victory over Juventus in their Europa League semi-final first-leg.

Mail Box

Guardiola Is No Better Than Moyes...

At least he wasn't in Bayern's defeat to Real Madrid, says one chap in the mailbox. Plus, more excitement over Van Gaal at Man United and thoughts on FFP...

Man United Fans Excited By Van Gaal Talk

Man United fans know who they want to replace David Moyes, with Louis van Gaal the favourite to take over at Old Trafford. Plus, thoughts on Real Madrid v Bayern Munich...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property