BusinessBusiness RecoveryPKF administrators line up supporters to buy Portsmouth

PKF administrators line up supporters to buy Portsmouth

Portsmouth FC administrators line up Portsmouth Supporters Trust as preferred buyer

PKF administrators line up supporters to buy Portsmouth

PKF ADMINISTRATORS have nominated Portsmouth FC’s supporters as the preferred bidder for the collapsed club.

The club entered administration for the second time in two years on 17 February, with PKF partners Trevor Birch, Ian Gould and Bryan Jackson appointed.

Balam Chainrai was previously announced as the preferred bidder. However, it is understood that the Football League raised concerns over his ownership.

Birch (pictured) said: “After extensive discussions over the past few weeks, we have today nominated Portsmouth Supporters Trust as the preferred bidder for Portsmouth Football Club.

“We will be working with the Trust, the Football League and the Professional Footballers Association to conclude the sale of the club as soon as possible.”

A spokesman for the Portsmouth Supporters Trust told Accountancy Age: “We are delighted at the news. We were always confident that our bid was the best for creditors and the club going forward.

“Although we have some way to go until a deal is finalised, the hard work starts here and we are all looking forward to the challenge.”

Related Articles

SFP sells off Pixel Projects and saves all staff

Business Recovery SFP sells off Pixel Projects and saves all staff

12m Stephanie Wix, Writer
Administrators from KPMG appointed to City Motor Holdings

Business Recovery Administrators from KPMG appointed to City Motor Holdings

1y Richard Crump, Writer
Begbies Traynor appointed administrators of William Anelay

Accounting Firms Begbies Traynor appointed administrators of William Anelay

1y Richard Crump, Writer
CVR Global sells DMG Steelworkers out of administration in pre-pack deal

Accounting Firms CVR Global sells DMG Steelworkers out of administration in pre-pack deal

1y Richard Crump, Writer
CVR Global administrators appointed at foreign language school

Accounting Firms CVR Global administrators appointed at foreign language school

1y Richard Crump, Writer
Smith & Williamson appointed administrators of 4Children

Accounting Firms Smith & Williamson appointed administrators of 4Children

1y Richard Crump, Writer
Cowgill Holloway concludes sale of film distributor Metrodome

Accounting Firms Cowgill Holloway concludes sale of film distributor Metrodome

1y Richard Crump, Writer
FRP Advisory sells Harland Machine Systems to Accraply Europe

Accounting Firms FRP Advisory sells Harland Machine Systems to Accraply Europe

1y Richard Crump, Writer