FANS have been left confused and disappointed by the adjournment of Pompey’s vital court case.
Mr Justice Sales was due to make a decision about the sale value of Fratton Park, but it was put off until today after discussions between administrator PKF and former owner Balram Chainrai’s Portpin.
Pompey fan Nick Bain was there for the hearing.
He told The News outside court: ‘It was a frustrating day.
‘We’re no further forward.
‘I’m disappointed and was all geared up for what happens on the day but it didn’t happen.
‘I haven’t got a clue about how clearer we are.
‘It’s as clear as mud.’
Fellow fan Olly Birch, who travelled from Kent for the hearing, said: ‘It’s a waste of a day’s holiday for me.
‘Hopefully we can come to a deal with Portpin but I’ve got no idea what’s going to happen.
‘Realistically, I think it will be adjourned for another month.’
The row over Pompey’s future hinges on the value of Fratton Park. Portpin wants around £11m for the ground while the trust have offered £2.75m for it.
Pompey administrators PKF previously applied to have the matter resolved in an attempt to force a sale to the fans’ group.
But administrators applied to adjourn the hearing for 28 days after claiming there was a ‘change in terms’ of a proposed transaction with a firm called REL.
Nothing further was said about the reasons for applying for an adjournment or what the change in terms was during the hearing.
But it is understood REL is a firm linked to Stuart Robinson – a property developer that is part of the trust’s bid.
Mr Justice Sales adjourned the hearing following discussions lasting 90 minutes between PKF and Portpin representatives.
The decision left fans feeling confused and disappointed that a resolution has yet to be reached.
PKF’s case was put forward by Katherine Holland QC.
She said: ‘Quite simply, there was a change in terms of the proposed transaction with REL.
‘That has the consequence that I cannot advance a case today on the evidence as it currently stands.’
Her adjournment request was met with concern by Richard Sheldon, who was representing Portpin.
He said: ‘The news of the adjournment only came through yesterday evening but my clients have not been fully told of the reasons for it.’
He added Portpin did ‘not want to see the club liquidated’, which was met with laughter by a section of the public area.
Mr Justice Sales agreed to adjourn the case for an hour while discussions were carried out between the two parties, and agreed to postpone the hearing for a day to allow further talks to take place. He said: ‘It seems to be more desirable for parties to be talking to each other and seems to be the most positive way forward for the football club and parties.’
A PKF spokesman said: ‘We will use this additional time to explore the options and take stock of the situation.’
Portpin’s Levi Kushnir and Deepak Chainrai, brother of Balram, declined to comment when approached by The News.
Join us at 2pm today for live coverage of the resumed case.