Pompey administrators 'taking stock'

Portsmouth's accountants are assessing options after a High Court hearing relating to a planned takeover was postponed.

Last Updated: 13/12/12 at 15:29 Post Comment

Portsmouth: Future uncertain

Portsmouth: Future uncertain

Accountants managing the affairs of troubled Portsmouth have said they are assessing options after a High Court hearing relating to a planned takeover by a group of supporters was postponed.

Portsmouth - struggling near the foot of League One - were placed into administration in February and a High Court judge on Thursday was expected to hear details of a problem concerning the club's Fratton Park stadium.

But the hearing was adjourned after lawyers representing the firm of accountants acting as Portsmouth's administrators said discussions were taking place with representatives of the club's former owner, Balram Chainrai.

Katharine Holland QC, for administrators PKF, told Mr Justice Sales at the hearing in London: "This is not a straightforward matter."

Outside court, a PKF spokesman added: "We are taking stock and assessing options."

Lawyers are expected to update Mr Justice Sales at a hearing on Friday.

A group called the Pompey Supporters' Trust has put forward a takeover proposal which Football League bosses say has "merit".

But league bosses say outstanding issues - including a problem about the ownership of Fratton Park being considered by the High Court - have to be resolved before the trust's bid can be fully considered.

A High Court judge placed Portsmouth into administration 10 months ago after being told that the club had an unpaid tax bill of around £2million and owed other creditors about the same.


Click here for completely free £10 bet with Sky Bet & £5 free every week


Related News

Most Commented

Readers' Comments

T

his is all good fun, but anyone who thinks United are 4th best in England for anything more than a blip is properly f***ing mental. And Domenech is properly f***ing mental.

megabrow (cufc)
Schneiderlin must join United - Domenech

I

f the answer is Matt Phillips, the question should never be Who is one of your major transfer targets?

jelasfirsttouch
The Twosome Gossip

I

s this Chris Smalling playing the 'Race' card?

hump3.
Smalling wants United race

Footer 365

Roberto Firmino eyeing trophy success at Liverpool after saying bye to Hoffenheim

Liverpool's £29m summer signing Roberto Firmino hopes to celebrate "a lot of success" at Anfield and 'can't wait test himself in the Premier League'.

Manchester United 'agree Matteo Darmian fee with Torino'

Manchester United have agreed a fee with Torino for Italy right-back Matteo Darmian, according to Sky Italia sources.

Juventus midfielder Paul Pogba not joining Barcelona this year

Barcelona have insisted they are "not planning" a move for Juventus midfielder Paul Pogba this calendar year.

Mail Box

Doesn't Delph To Arsenal Make More Sense?

We have reaction to our Top Ten regarding Philipp Lahm and Dave Mackay, why we all love Harry Kane, Fabian Delph to Arsenal and what United can get away with...

Why Is Kane More Likeable Than Carrick?

A Mailbox which covers topics including Harry Kane, Sergio Aguero, Robin van Persie, handballs, transfer reporting and Rodgers bingo. It's not us being mean...

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