Howe set to talk with administrator over club buyout

INTEREST Brian Howe at the Pompey v Leeds game
INTEREST Brian Howe at the Pompey v Leeds game
Dave Wright. Picture: Colin Farmery

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LIFE-LONG Pompey fan Brian Howe is set to meet the club’s joint-administrator Trevor Birch to discuss his interest in taking over at Fratton Park.

Mr Birch confirmed the former Bad Company frontman will meet with him, but would not confirm when it will take place.

‘I will be meeting him given his expressions of interest in the past’, Mr Birch told The News.

Mr Birch, who was appointed joint-administrator of the club on February 17, revealed there are ‘one or two interested parties’ looking to become new owners of Pompey.

He said: ‘It hasn’t moved on to a stage where you need to say anyone is in pole position. ‘There is interest and that’s all you can say. But I can’t assess yet how strong it is.

‘I know I’ve got to do a deal in double quick time and I am on the case.’

Mr Howe, who was in the stands to watch Pompey’s draw with Leeds United at Fratton Park on Saturday, has so far remained tight-lipped over his interest in taking over the club.

He was close to taking over Pompey in the late 1990s before former owner Milan Mandaric sealed the deal.

Mr Howe, who has been linked with a takeover move along with businessman Vince Wolanin, said he was in the country to ‘find out details’.

Speaking to radio station Express FM, he said: ‘On this occasion, I’m over here to find out details.

‘I’m here to see if I can and I’m not making any promises to anybody.

‘I have never said I am going to buy the club and I have never said that I’ve got the money to buy the club.

‘But I know people that have and they are interested but again until we have all the facts and the figures, all the problematical numbers that have to be worked out, I can’t say that much.’

Meanwhile former Pompey chief executive Peter Storrie has called for clubs to set up Escrow accounts for potential new owners to prove they have the funds available to take over a football club.

Speaking on digital channel Sports Tonight Live, he said: ‘How do you know that someone has got that money?

‘Unless you set up in the future some sort of Escrow account where money is put into an account and therefore everybody – the Football League and the Premier League – then know, for whatever amount of years when they get a new owner, the money is sitting there.’