PST Completes Purchase of Portsmouth FC
Mon 22nd Apr 2013 | Clubs Ownership
The Pompey Supporters Trust (PST) has finalised its purchase of Portsmouth Football Club from administrators at accountancy and business advisory firm, BDO LLP.
Trevor Birch, joint administrator of Portsmouth Football Club (2010) Ltd and partner at BDO LLP, said: “We have cleared the final hurdle: all of the paperwork has now been signed and the sale concluded.
“It has taken more than 14 months of hard work from all concerned to get here and there were many times over that period when I didn’t think we would make it; but we have, and Portsmouth Football Club can once again look forward to the future with optimism.
“The PST has shown what can be achieved when fans unite together for the good of their community. The club has been through considerable turmoil over the last few years, and I hope it can now enjoy a period of stability and the chance to build solid foundations for a sustainable future based on hard work and honest endeavour.”
Ashley Brown, Chairman of the Pompey Supporters’ Trust, said: “Once again Pompey fans have shown why they are some of the best in the land, we now have a club owned by people who truly love it, its fans. That’s how football is supposed to be.”
Iain McInnes, Chairman of Portsmouth Community Football Club, said: “It has been a very difficult journey to get to this point but in the end we have achieved the right result. Now is the time for Pompey fans to get behind the club and we are looking forward to celebrating becoming a community club at Fratton Park this Saturday afternoon.”
A press conference will be held at Fratton Park on Wednesday April 24 to launch Portsmouth Community Football Club and unveil the new management team at the club.
Posted by: Aaron Gourley
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