Andronikou moves to defend firm

DEFENCE Andrew Andronikou
DEFENCE Andrew Andronikou
Jamal Lowe helped fire Pompey to success at Fleetwood. Picture: Mark Robinson

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FORMER Pompey administrator Andrew Andronikou has defended his firm after it was claimed by Trevor Birch it owes the club £300,000.

Mr Andronikou, whose firm UHY Hacker Young acted as Pompey administrators in 2010, said it was owed £150,000 for its work during the previous administration through liquidators Baker Tilly.

He said: ‘When we took the job on in February 2010 we got paid 80 per cent of it in 2011, but we have been waiting two years for another 20 per cent.’

Current administrator Mr Birch said he was not aware of an agreement in place to pay former owner Sacha Gaydamak £2.2m in Premier League parachute payments.

But Mr Andronikou said: ‘Mr Gaydamak had security over the parachute payments. It’s all in the CVA document.’