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Pompey trust edging closer

The Pompey Supporters' Trust believe they are closer to saving Portsmouth after receiving the backing of the Football League.

Last Updated: 10/12/12 at 17:40

Brown (r): Staying upbeat

Brown (r): Staying upbeat

The League are now awaiting the outcome of this week's make-or-break High Court hearing over the sale of Fratton Park, and for the PST to raise the remaining funds as set out in their business plan, before fully considering their application.

PST chairman Ashley Brown said: "We are very pleased the Football League has shown confidence in our bid by endorsing our proposed membership. This is a highly significant moment for the club.

"We have always argued that Pompey needs a community-led solution and we are very pleased the League shares our confidence in our ability to turn the club around.

"Thanks to the backing of our fans and our individual investors we have a robust business plan, which the League has endorsed.

"We now need fans to back us financially to ensure our club survives. This is a landmark moment on the road to rehabilitating the club and we now need everyone who can to buy a share or convert their pledge as soon as possible. This will ensure we are in a strong financial position prior to the court case."

The Trust's bid, and Portsmouth's future, hinges on administrators PKF gaining permission to sell Fratton Park, which is controlled by the club's former owner Balram Chainrai, at the High Court hearing which starts on Thursday.

The League have also confirmed Pompey still face a 10-point penalty if and when they finally come out of administration, which is likely to leave them in the relegation zone.

Brown added: "Of course we are disappointed that the League has confirmed the points deduction, although the reasons for it are the fault of those who have mismanaged the club so badly in its recent past."

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Y

ou are wrong Per, thats the right way the play. Its everyone elses' fault that it doesnt work.

delboy
Mertesacker urges style change

A

s it's panto season coming soon, let me be the first Oh yes you do

munchie
Rodgers: No defence coach

T

hat's it for me, that's ego talking and nothing more. Three seasons in and he still hasn't resolved the issues in defence. This won't end well, he doesn't have the skills needed to sort out the back four and isn't prepared to bring in those who do. This is the worst team I've seen since the late days of Houllier. Brendan...you're fired.

rodger's gusset
Rodgers: No defence coach

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