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nPower Football League Thread 2012/13


Lineker

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Portsmouth's administrators have confirmed that a Middle East consortium has submitted a bid for the financially-stricken League One club.

Pompey are currently in administration, with debts of about £61m, and are searching for new owners.

The Portsmouth Supporters' Trust and former owner Balram Chainrai are both vying for control of the club.

Administrators PKF say a Middle East consortium is now interested and is "waiting for clarification on funding".

Portsmouth have been in administration since February, following the collapse of parent company Convers Sports Initiatives.

The PST and Chainrai's company, Portpin, have both had a Company Voluntary Arrangement of two pence in the pound agreed by unsecured creditors of the club, with administrator Trevor Birch currently assessing which bid is the best offer.

Chainrai is owed £17m by the club and holds Fratton Park as security but the PST has offered him £2.75m to relinquish his hold on Pompey.

Birch has set the pair a deadline of Friday, 14 September to finalise their bids for the club.

He had said that, as neither deal was close to completion, he was unable to decide which offer was in the best interests of creditors.

Last month, former Watford owner Laurence Bassini registered his interest in Portsmouth.

However, the advanced nature of the current talks with Chainrai and the PST, as well as the urgency with which a deal needs to be completed, meant Bassini was not considered a serious option at this stage.

It is thought that the same would apply to the Middle East consortium interested in Pompey.

But if Birch is still not satisfied with the bids from the PST and Portpin, then he could start to pursue other options.

Odds on the potential new owners being Munto?

Rotherham manager Steve Evans has been given a six-match stadium ban and fined £3,000 by the Football Association.

Evans was found to have used abusive and insulting words and behaviour with a reference to gender during a League Two match between his former side Crawley and Bradford City in March.

The match finished with ugly scenes as a mass brawl led to five players being sent off in the changing room.

The 49-year-old does not intend to appeal against the decision.

He said in a club statement: "I am very disappointed by the decision, however for the good of Rotherham I accept the verdict and will move on with no further comment."

Evans left Crawley for Rotherham two weeks after the incident.

The ban prohibits the Scot from attending the ground at which his side is playing at any time during a match day, starting with Saturday's home clash with Torquay.

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Former Portsmouth owner Sulaiman Al Fahim has confirmed he is part of a Middle East consortium hoping to buy the financially-troubled club.

Al Fahim had a short-lived spell as owner of Portsmouth in 2009 before selling to Ali Al Faraj and has used his Twitter account to confirm his bid.

"Yes I am involved, I hope the offer is better than other bidders," he wrote on the social networking site.

Pompey are currently in administration, with debts of about £61m.

The Pompey Supporters' Trust and former owner Balram Chainrai are both vying for control of the League One outfit.

On Monday administrators PKF confirmed a Middle East consortium was interested in the club and said they were "waiting for clarification on funding".

A report by the Dubai-based magazine Arabian Business said the potential Middle East investors had put $20.4m (£12.77m) into an account held by Dubai Bank on 30 August.

London-based accountancy firm Born & Co are believed to be representing the Middle East consortium and Al-Fahim added that he hoped to deposit the money into a UK bank to show proof of funds.

"The £12.5m is in [a] bank account," he wrote on Twitter.

"Time is so important for Pompey, hopefully we can open a UK bank account before the deadline and be part of the bid."

Portsmouth have been in administration since February, following the collapse of parent company Convers Sports Initiatives.

The PST and Chainrai's company, Portpin, have both had a Company Voluntary Arrangement of two pence in the pound agreed by unsecured creditors of the club, with administrator Trevor Birch currently assessing which bid is the best offer.

Chainrai is owed £17m by the club and holds Fratton Park as security but the PST has offered him £2.75m to relinquish his hold on Pompey.

Birch has set the pair a deadline of Friday, 14 September to finalise their bids for the club.

He had said that, as neither deal was close to completion, he was unable to decide which offer was in the best interests of creditors.

Last month, former Watford owner Laurence Bassini registered his interest in Portsmouth.

However, the advanced nature of the current talks with Chainrai and the PST, as well as the urgency with which a deal needs to be completed, meant Bassini was not considered a serious option at this stage.

It is thought that the same would apply to Al Fahim's bid.

But if Birch is still not satisfied with the bids from the PST and Portpin, then he could start to pursue other options.

If I were a Pompey fan I wouldn't know whether to laugh or cry!

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Maynard is tearing us to shreds, and to think if we'd been taken over he could/would have been playing for the other side today, instead we have the choice of Andy Gray and Dominic Poleon to bring on as a striker <_<

Edit: He's gone off, thank fuck.

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Great comeback today in the end, shocking start like against Coventry but went up several gears and got back for a point, should've probably been a win, very late disallowing of a would be winner. Goal goes in, celebrations go on and about two minutes later referee ticks it off and gives an offside, was a borderline call.

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I was at the City-Blackburn game, Rhodes looked decent but he wasn't amazing or anything. Blackburn's defence looked pretty suspect, Adomah had the whole right flank to himself pretty much the entire game. Our defence was even shakier though and they took their finishes well, especially Rhodes and Gomes. I think Murphy will be a big help this season, he just looked a class apart on the ball and he and Etuhu pretty much dominated the centre. Shit support though, really quiet fans.

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