A deal to sell land surrounding Fratton Park, formerly belonging to ex-club owner Sacha Gaydamak, has been completed this afternoon.
Property developer Stuart Robinson, who is one of the high net worth business people contributing to the Pompey Supporters’ Trust bid to buy the club out of administration, is behind the deal.
He this week visited some of the businesses operating near the land, which includes part of Rodney Road, Anson Road and the main stadium car park.
The News understands that they have been told plans for the land will include a supermarket, thought to be Tesco, as well as other retail units.
The land is considered key to any deal that is done to buy Portsmouth Football Club.
It surrounds three sides of the stadium, which means whoever owns it can give the green light to access to it, or any redevelopment of it.
Similarly, that owner could stop access, such as when Mr Gaydamak’s company began charging people to use the stadium car park without needing to consult the club itself.
Sources close to Mr Robinson said: ‘This is another nail in the coffin of any non-Trust solution.
‘It’s not only trust or bust now, but logistically the only deal that can be done is for the trust to buy the club.’
Question marks were raised over Mr Robinson’s involvement in the land deal when problems with it ended up delaying a High Court hearing between Pompey administrators PKF and former club owners Portpin over the value of the stadium.
But our source added: ‘Stuart has never had a problem coming up with the money. There have been logistical complications, legal complications, but he has always come through.’