Gaydamak will pay us back, says Gosport Borough Council

PAYING UP? Sacha Gaydamak
PAYING UP? Sacha Gaydamak
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SACHA Gaydamak will still pay back money owed over Pompey’s scrapped plans for a new training ground after his firm went into administration.

That’s the view of Gosport Borough Council leader Mark Hook, who insists the former Pompey owner is still under an agreement to pay back cash over a failed deal to build a multi-million training facility at Cherque Farm, Lee-on-the-Solent.

Questions were raised this week whether the authority will receive the full amount its owed after Mr Gaydamak’s firm Miland Development 2004 was placed into administration.

In 2008, the authority gave the go-ahead for Pompey to locate its training ground on land earmarked for building firm Persimmon Homes.

The deal meant the council had to pay back £330,000 to the developer which had been required to give the cash as part of a legal agreement to provide leisure amenities in the area.

But, with Pompey currently in administration, the training ground plan has been abandoned.

Cllr Hook confirmed Mr Gaydamak reached an ‘unconditional agreement’ with the council to pay back the funds following a court case last year.

Cllr Hook said: ‘There are two instalments of £50,000 due, one at the end of July and the other in October.

‘We have an unconditional agreement with Sacha Gaydamak that if the company didn’t pay, he will pay the amounts himself, so we are quietly confident we will get the money we are owed one way or another.

‘As far as I am concerned, we will be pursuing Mr Gaydamak for the money.

‘He has been very honourable up to now. He has paid back all payments and cannot see any reason why that couldn’t continue.

‘My legal people are looking into the situation, but there has been no contact at the moment.’

Bridgemary North councillor Dennis Wright added: ‘Without doubt the council will receive that money. It’s the duty of the council to try and get that money back in the taxpayers’ interest.

‘I would still like to see a training ground go ahead but there is not much chance of that now.

‘I remember meeting Peter Storrie and Harry Redknapp on that site and they thought it was a wonderful place to have one, but it’s gone pear-shaped since.’

A spokesman for Miland Development 2004 administrators David Rubin & Partners LLP would not comment.