The High Court case crucial to Pompey’s future was this afternoon adjourned until next month.
Mr Justice Sales, sitting in the High Court, put the hearing back until January 15 2013 after an application by adminstrators PKF, who said there were unspecified issues still be resolved..
It means the case could come to court at any time over the next 28 days.
But if no resolution is found between PKF and Portpin, the case will be heard on January 15 next year.The judge’s decision was well received by the Pompey Supporters Trust. Trust officials said the worst case scenario would a new administrator appointed by former owner Balram Chainrai’s company Portpin, which the judge was asked to agree to today. That, they said, would be back to square one.
The judge very disparaging in court towards Portpin’s wish to install its own administrator and keep funding club until end of season.
Outside of the court, Trust spokesman Colin Farmery said; ‘It buys us a bit of time. Long road to get this far, extra day or month to get right result it’s well spent’.
In a statement, the Trust said: Although it is frustrating not to have a final outcome this week, as we had hoped, we welcome the opportunity for the administrators PKF to return to the courts between now and January and finalise our purchase of Portsmouth Football Club.
‘This has always been a complex deal with several component parts - including some which have been outside of our control - and every part of the bid needs to be absolutely right to be approved by the courts and the administrators. We know any delay is frustrating for fans, but we are committed to completing the purchase of Portsmouth Football Club as soon as possible. We are extremely grateful to our supporters for their terrific support, and we continue urging our fans to pledge and be part of the biggest community club in the country. We are confident that we will be owners of Portsmouth Football Club in the next few weeks, and will continue to work on every last detail of our bid until this process is complete.
Pkf declined to comment after the case.
After the case fans with flags chased Portpin’s Levi Kushnir and Deepak Chainrai in the street outside the court, with Mr Chainrai being pushed onnthe shoulder as fans demanded that Portpin get out of the club. The two men jumped into a taxi as they group surrounded them.