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Pompey court hearing to go ahead

Fratton Park

Fratton Park

 

POMPEY’S High Court hearing will go ahead on Thursday after four previous adjournments

Tomorrow’s hearing will only be to set the date for the full case and will be heard by Mr Justice Sales at anytime after 10.30am in court 10 of the Rolls Building in Fetter Lane.

An postponement was made to an initial hearing because of issues between the property partner working with the Pompey Supporters’ Trust (PST) and the administrators, PKF.

The most recent of three further postponed hearings have been adjourned, on 14 February, because of a problem with the Professional Footballers’ Association.

Former owner Balram Chainrai believes he is owed £12m by Pompey and holds the stadium as security through his company Portpin via a fixed charge.

Chainrai has been offered £3m for the ground by PST, but the Hong Kong businessman has so far refused to sell.

Administrators PKF want to seek an independent valuation of Fratton Park in an attempt to force the sale through the High Court.

However the Football League has warn Pompey face expulsion if the club’s situation is not resolved by the end of the season.

 

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