Portsmouth appoint new Chief Executive
Tue 13th Apr 2010 | Clubs Ownership
David Lampitt, who is currently the head of integrity at the English Football Association, has been appointed the chief executive of Portsmouth. This appointment is in anticipation of when the club will come out of administration and it is believed that Balram Chainrai, the chief creditor, and Rob Lloyd, the prospective buyer, have both signed off on the appointment. The administrator Andrew Andronikou believes that Portsmouth will be out of the Company Voluntary Arrangement in a few months and he said, "I am putting together a board for once the club comes out of administration, when the club's debts will be compromised. The board will tick all the boxes."
Andronikous is currently investigating the amount of debt and the exact amount owed each creditor as the HMRC has raised questions about how much Chainrai should get. Andronikou said, "I am doing my investigation [into the value of what Portsmouth owe to whom] round the proposals, which I will issue next Friday. And proofs of the debts will come out with the claim."
Lampitt's move from FA to Portsmouth is seen as ironic as he has been involved in monitoring the irregular transfer payments made by former Portsmouth manager, Harry Redknapp, and the former club executives Milan Mandaric and Peter Storrie. Lampitt's move may lead to certain things remaining in a limbo in FA.
Lord Triesman, the FA chairman, said: "Lampitt has made an outstanding contribution to our regulatory obligations. Portsmouth's fans should take comfort in a wise long-sighted appointment, and I wish David every success."
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