Topic: Date set for Portsmouth hearing  (Read 82 times)

Folami David

  • Commando
  • Date Registered: Aug 2012
  • Posts: 8039
A date has been set for the High Court hearing that will finally determine the future of Portsmouth Football Club.
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Pompey administrators PKF will attend the High Court on 10 or 11 April in an attempt to release Balram Chainrai's fixed charge on Fratton Park and force the sale of the club's stadium.
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If a judge rules in the administrators' favour then the Pompey Supporters' Trust can proceed with their takeover.
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The club have been in administration since 17 February 2012.
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Robinson who has bought land around Fratton Park Keith Harris - Former Football League chairman and former head of investment bank Seymour Pearce.
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"The administrators of Portsmouth Football Club (2010) Ltd can confirm that the court case to determine a possible sale of Fratton Park to the PST will begin on either Wednesday, 10 April or Thursday, 11 April," said a statement.
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"As is often the case in such situations, we are unlikely to get confirmation of the exact date from the court until a few days prior to the hearing." League One Pompey are said to be around £61m in debt and are facing a second successive relegation.
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The preferred bidders, Pompey Supporters' Trust, have been approved by the Football League as well as the club's creditors.
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However, the Trust's takeover is conditional on the group taking control of the club's Fratton Park stadium.

Shola Sholaz

  • Commando
  • Date Registered: Aug 2012
  • Posts: 5680
We had a better wait for the date to see what would happen

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