Harris: I’ll buy Fratton Park from Chainrai

Keith Harris
Keith Harris
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The investment banker trying to buy Pompey has revealed he will buy Fratton Park within a year, if his Pompey takeover is successful.

Keith Harris lodged a bid with PKF to take the club out of administration 12 days ago.

That was accepted by the creditors’ committee, although blocked when put forward to the Football League.

Regardless, Harris remains keen to complete a deal and today announced he would give Blues fans 15 per cent of the club.

A prospective takeover would also involve leasing Fratton Park off charge holders Portpin.

But in an interview with The News, he promised the ground will be purchased from Balram Chainrai and Co within 12 months.

He said: ‘Speaking conservatively, within a year we will buy the ground.

‘It is our absolute intention to buy it, but we don’t want to be a hostage to fortune and say we are going to buy it in a month.

‘I think we have struck a very reasonable deal with the owners and I have dealt with them before. We both know where we come from.

‘It is a sensible deal for prospective new owners.

‘As soon as we can afford it we will buy it. Under no circumstances will it be longer than a year.

‘I want to have it. I do not live in a rented property myself. I believe in ownership, an Englishman’s home is his castle.

‘In saying a year I am trying to be conservative.’

Asked why he was not seeking to buy the ground immediately, Mr Harris said: ‘I believe in being commercially sound and it’s my decision to evaluate the ground situation over a short period of time before buying it.

‘I don’t want to get in there and find all sorts of holes, metaphorically speaking.’