Posts by SJMaskell

Pompey: Where the Bids Come From

By on Feb 18, 2013 in English League Football, Finance, Latest | 0 comments

There has been a rare old tussle going on down Pompey way this last week. In microcosm our beleagured club continues to be a perfect illustration of all that is questionable about football governance as it currently stands. On 7 February it appeared that the long running Pompey Supporters’ Trust bid to buy the club was about to be scuppered by a consortium led...

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Pompey: The Hiroshima Files

By on Feb 3, 2013 in Finance, Latest | 3 comments

Below is full text of Pompey blogger Portus-eg’s findings regarding events at Pompey at the time of the sale of the club by Portpin to CSI in June 2011. It makes interesting reading.  The blog was first published here: http://portus-eg.blogspot.co.uk/ under the title: Takeover Toils as Pompey Fans’ Blood Boils. Exasperation is the word that currently...

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Pompey: The £800,000 Question

By on Feb 1, 2013 in Finance, Latest | 14 comments

The perils of administration. A cautionary tale. Since October 2012 the Pompey Trust’s bid business partners have committed £800,000 of their own money to the club. If the Trust bid succeeds they will convert this sum to equity in the club. If the Trust bid fails they lose the lot, some individuals to the tune of six figures.  As an article of faith in the Trust bid...

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Pompey – One Step From Home

By on Nov 16, 2012 in Finance, Latest | 6 comments

Thursday 15 November 2012. Mark the date. On this day Pompey’s administrators PKF announced they had reached a conditional agreement to sell the club to the Pompey Supporters Trust. The completed deal will be unique in English football.  Its success will be a landmark victory for fan power, an endorsement of the supporters trust movement and a direct challenge...

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