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PST: Takeover still in place

Pompey Supporters Trust insist their plans to buy Portsmouth are still in place despite a third adjournment of their court case.

Last Updated: 30/01/13 at 18:44

Fratton Park: Takeover delayed

Fratton Park: Takeover delayed

The club's ground remains in the hands of former owner Balram Chainrai and the PST's bid hinges on administrators PKF gaining his permission to sell it, though neither party has yet agreed a deal.

The court case that will settle the dispute has been pushed back yet again and will now take place on February 14 but PST chairman Ashley Brown is confident the delay will not affect their takeover.

In a statement 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."

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