AMERICAN Sicilian businessman Joseph Cala says he has reignited his interest in Pompey.
Mr Cala, who withdrew his interest in taking over at Fratton Park last week, told his Facebook followers he was considering making a new approach to take over the club.
Speaking to The News last night, the 50-year-old said he had been in talks with Portpin, the firm owned by former Pompey owner Balram Chainrai.
Mr Cala said he will bid to buy a debenture he claims is owned by Portpin in order to become Pompey’s new owner.
‘I am officially back in,’ Mr Cala said.
‘For the fans, it’s not as bad as it appears. It’s very easy to fix the Pompey issue.
‘It takes money immediately but it’s really a cash flow issue, not debts. They are not bad at all.
‘It’s done with the right heart and money up front.
‘If I become owner, I will remove the debenture and give it to the club as a gift.’
Mr Cala said he did not fear a points deduction from the Football League and said the authority can only punish the club if it is placed into administration.
He added he was not put off by the club’s £1.6m unpaid tax bill and winding-up petition from HMRC.
If he takes over Pompey, Mr Cala said: ‘I will pay the tax bill off in one go.
‘I do not want the tax office on my back.’