Administrator welcomes Pompey Supporters’ Trust buy out plan

SUPPORT Administrator Trevor Birch. Picture: Robin Jones
SUPPORT Administrator Trevor Birch. Picture: Robin Jones
Adam May. Picture: Colin Farmery

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POMPEY administrator Trevor Birch says the supporters’ trust’s plans for a community buy-out ‘has to be applauded’.

The Pompey Supporters’ Trust today launched its share scheme offer for fans to

Mr Birch said the incentive is a ‘sensible way forward for the trust to go’.

Speaking to BBC Radio Solent, he said: ‘It’s dependent on how many people take up the offer.

‘They will do their own due diligence on numbers for next year. There’s a bit of work to do but in terms of principals and objectives it has to be applauded.

‘It may well be viable but it depends on how many people get involved.’

He said the administrators of a business are usually paid first but added he has yet to be paid, with a focus on getting the club through to the end of the season.

On the Football League’s Fit and Proper Persons Test, Mr Birch said: ‘The Football League will say they only have so much money they have to be able to use to check people.

‘It has to be an objective test rather than subjective.

‘They can check facts but that’s about it.

‘It has to be funded and the Football League doesn’t have direct funding to do that.’

He also confirmed he has been talking to Peter Storrie over plans of the former Pompey chief executive forming a consortium to take over at Fratton Park.

Mr Birch said: ‘I’ll talk to anybody if there’s a chance of saving this club and he’s trying behind the scenes to put together a consortium, so if Peter is successful in that I will talk to him.’

On Pompey’s debt, he said: ‘In total, if you include the claims from the liquidator of the old CVA, if you include those in the £16m, and you include (Balram) Chanrai’s £17m, it’s probably £50m in total.’