A GROUP of Middle East businessmen interested in taking over Pompey have been told – show us the money.
Pompey’s administrators PKF confirmed to The News last night that the consortium has yet to provide clarity over AED 75,058,176 – around £12.5m – deposited into an overseas escrow account.
The administrators said there was no change.
Former Pompey owner Sulaiman Al Fahim told his Twitter followers this week he was involved in the bid.
But the identities of the rest group remains unknown.
The possible return of Al Fahim to Pompey has raised eyebrows among the club’s fan base.
Bob Beech, of fans’ campaign group SOS Pompey, said its members were looking at the situation closely.
He said: ‘I think people have got to remember what got us into this mess in the first place.
‘He (Al Fahim) is full of promises and never delivers anything.
‘He bought the club on the promise of having money, which he didn’t have.
‘Whether people like it or not we have a right to be sceptical about anyone.
‘I would expect Pompey fans to ask questions. The first one would be “why? what’s in it for you?” because that seems to be the bottom line here.’
Ardent Pompey fan John Westwood said he would like to see potential investors who could take over work with the trust in the future.
He said: ‘I’d love the trust to buy the club but we all know somewhere down the line that if the club wants to build up the ground and progress we are going to need some financial assistance.
‘If the Middle East investors are genuine and if they are going to let the trust buy shares in the club then I cannot see it being a bad thing.’
Fan Mark Mudie said: ‘I personally believe there’s a real person behind this bid.
‘Al Fahim put £5m of his own money into the club last time which is what a lot of people haven’t done.’
Meanwhile, Balram Chainrai’s Portpin, which is owed around £18m, and the Pompey Supporters’ Trust still remain the front runners in the takeover race. The deadline to have their bids ready imposed by administrator Trevor Birch is tomorrow.