Search results for Pompey

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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Who Values Pompey?

By on Oct 19, 2012 in Finance, Latest | 5 comments

The battle for the soul of football took one step in the right direction yesterday. The nomination of Pompey Supporters Trust as the preferred bidder for the club is a stunning volte-face in the negotiations to bring the club out of administration. It appears to have been done in the teeth of a vigorous campaign by three-time previous owner Portpin to gain control...

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