Pledges are turning into cash for takeover

Hermann Hreidarsson
Hermann Hreidarsson
Supply line: Pompey winger Jamal Lowe Picture: Joe Pepler

Pompey showing signs of being contenders

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FOR months Pompey fans have been pledging £100 to the Pompey Supporters’ Trust as a promise to convert that money into a £1,000 share if the trust were to take the club over.

And since 4.10pm on Wednesday, when the deal between BDO and Portpin was signed by High Court judge Mr Justice Peter Smith, more than 100 of those pledges have been converted into shares, raising an extra £9,000.

Pompey bid team member Mick Williams said: ‘We’ve got enough money to take us forward but we need people’s pledges. The more money we get, the stronger we’ll be.’

The trust has organised a fundraising friendly on Tuesday, between Pompey and Hermann Hreidarsson’s IBV.

All money raised goes towards the trust share offer, and tickets are getting increasingly in demand.

Trust chairman Ashley Brown said: ‘We are only opening two stands at the moment because of cost.

‘But if we sell out or come close to selling out in the next couple of days, we’ll look at opening up some additional seating.

‘Those who want to come along need to get their tickets now We won’t be able to do that on the night – we need to plan ahead.

‘The last thing we want is lots of people trying to buy them on the night and there being long queues of people who can’t get in.

‘All the profits will go to the club.’

Hermann is also going to be answering fans’ questions at an event at Fratton Park on Monday evening.