Pompey future bright - McInnes

Portsmouth's prospective new chairman Iain McInnes hopes to be in charge in time for the January transfer window.

Last Updated: 15/11/12 at 15:09

Fratton Park: Home to Portsmouth

Fratton Park: Home to Portsmouth

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

The club's administrators PKF confirmed on Thursday that they have signed a conditional agreement to sell the League One outfit to fans' group the Pompey Supporters' Trust (PST).

The agreement hinges on PKF receiving court permission to sell the club's Fratton Park ground, which is held as security by former Pompey owner and rival bidder Balram Chainrai.

Portsmouth have been in administration since February and have relied this season on loanees and players on month-to-month contracts, while they currently have coach Guy Whittingham in caretaker charge following manager Michael Appleton's move to Blackpool last month.

But McInnes hopes to get Pompey back on a secure footing in time to bring in some reinforcements in the new year.

"This truly is fantastic news and the start of a new chapter for Portsmouth Football Club," said McInnes in a statement on the PST's website.

"The hard work will continue during the court application process to ensure that we are in the best position possible to drive the club forward and build for the future ahead of the important January transfer window."

PST chairman Ashley Brown added: "We are thrilled and proud to have signed a sale agreement with the administrator to buy and run Portsmouth Football Club. We hope to finalise the sale by Christmas, and go into 2013 with a fresh start for our great club.

"This is a special day for the thousands of Pompey fans who have stood by their club and stood up to be counted.

"We thank everyone for their support so far, and look forward to many more Pompey fans joining us, and being part of history, as we create the biggest community-owned club in this country."

Chainrai's company Portpin also released a statement saying they are still willing to take over the club if the PST's bid fails.

It read: "We still believe our bid remains the best offer for the future of Portsmouth Football Club.

"We remain ready to complete the deal in a matter of days, should the Trust be unsuccessful."

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

Y

ou can win five in a row or lose five in a row... Or in Carver's case you can win one in a row or lose five in a row.

black_waltz
Carver: I'm up to the job

C

AMPAIGN, CAMPAIGN it's a clearly a CAMPAIGN

mario for pm
Chelsea's poor 'respect' rating

S

epp Blatter really is very, very good at this isn't he? Terrible human being, but really good at it.

megabrow (cufc)
Blatter 'like Jesus and Mandela'

Footer 365

Tim Sherwood: Aston Villa deserve FA Cup final spot after 'dominating' Liverpool

Tim Sherwood described Aston Villa's 2-1 FA Cup semi-final win over Liverpool as a magnificent occasion for the club.

Aston Villa 2-1 Liverpool: Villa reach FA Cup final after comeback win stuns Reds

Aston Villa produced a stunning fightback to beat Liverpool 2-1 at Wembley and reach their first FA Cup final for 15 years.

Vinnie Jones says Leeds United do not need Russell Crowe takeover

Vinnie Jones admitted that Leeds United’s demise is a ‘sad situation’ and insisted Russell Crowe is not the answer.

Mail Box

Respect, But Never Admiration For Chelsea

Football's about entertainment, the Mailbox says. Which means Manchester United supporters are happy with never winning the league if the football is good...

Wenger's Titles Down To United Woes...

Well, it's certainly one theory. Man United fans are out in force - decrying Wenger and defending FFP. We have mails on Coquelin, Coutinho and Mediawatch...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company