Q&A on what happens now at Pompey

Pompey chief executive Mark Catlin. Picture: Joe Pepler

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Here are some of the vital questions about Pompey’s future.

Q Who is in pole position to take over?

A Final negotiations are taking place with Pompey administrators PKF and Balram Chainrai’s company Portpin. The deal to take over at Fratton Park could be finalised within 24 hours.

Q What about the Pompey Supporters’ Trust?

A Councillors agreeing to the loan request handed the trust’s takeover efforts a huge boost.

But if Mr Chainrai takes control of the club for a third time, the trust will have to negotiate with him if they are to take the reins.

Q What happens if Portpin pulls out?

A PKF says the trust would be in pole position and sees its bid as a ‘credible’ option.

Q Does the supporters’ trust have a chance in negotiating with Mr Chainrai?

AMr Chainrai is owed around £18m due to his charge over Fratton Park. The trust is offering £2.75m for the ‘uncumbered freehold’ of the ground.

However, Mr Chainrai told The News he would be happy to negotiate with the trust if they have the appropriate funds.

Q Has the trust got enough cash?

A The trust claims it has raised £3m in pledges from fans and £1m in deposits. It says there are ‘high net worth’ individuals willing to invest six-figure sums into the bid.