Trust in final push to help Pompey takeover

MEETING Administrator Trevor Birch, Bob Beech from SOS Pompey and Mick Williams from the Supporters' Trust
MEETING Administrator Trevor Birch, Bob Beech from SOS Pompey and Mick Williams from the Supporters' Trust
Samantha Quayle. Picture: Jordan Hampton

Flying start for Pompey with Cardiff swept aside

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Pompey Supporters Trust has issued a rallying call for more fans to back its takeover bid.

It says it has seen ‘an unprecedented number of pledges’ since launching a community buy-out scheme in March this year.

And the trust’s hopes of mounting a successful takeover bid were given a huge boost on Monday at the club’s Company Voluntary Arrangement meeting.

Creditors agreed to approve the 2p in the pound offer proposed by former owner Balram Chainrai’s company Portpin.

But creditors also unanimously agreed to a modification which allows Pompey administrator Trevor Birch to consider other bids before Portpin’s deal is finalised, paving the way for the trust to put the finishing touches to its offer.

Additionally, Portpin waived the entitled 28-day exclusivity which would have made its bid the only one allowed.

Spokesman Scott Mclachlan said the trust is looking for as many fans as possible to have their say in how Pompey is run in the future by coming forward.

He told The News: ‘Monday’s meeting saw the way opened for a community bid to succeed in taking over Portsmouth Football Club and it means we are in for very exciting times at Fratton Park if we achieve this amazing feat.

‘We want as many fans as possible to be able to say that they own a bit of Pompey.

‘Also, crucially, they will have a say in how it will be run in the future.

‘This is perhaps the most important month in the history of Pompey and we all have an opportunity to play a part.

‘We have seen an unprecedented number of pledges towards a community buy-out of a football club and we wouldn’t be in this position without the great support from fans home and abroad.

‘We are very pleased with the number of pledges we have received so far.

‘The more pledges we have the greater say our fans will have in any community run club.

‘So we are asking fans to continue to pledge so we can have an even greater chance to turn this great club around.’

The trust has yet to divulge the details of its bid due to confidentiality issues but member Mick Williams confirmed it will be down to Mr Birch to make the offer public.

With numerous meetings scheduled with trust members and investors lined up over the coming days, the trust is calling on fans to help give the bid the final push it needs.

The trust says supporters can still sign up to the scheme by securing a £1,000 share.

By pledging an initial £100, fans will have the chance to buy a full share when the trust is ready to complete its takeover bid.

To find out more about how you can sign up to the trust’s bid, visit communitypompey.co.uk or e-mail info@pompeytrust.com.