KEITH HARRIS BIDS FOR POMPEY.

http://www.bbc.co.uk/sport/0/football/21362290



6 February 2013


Football financer Keith Harris launches Portsmouth takeover bid

By Nabil Hassan
BBC South Sport

Leading football financier Keith Harris has launched a rival bid to buy stricken Portsmouth Football Club.

Harris, who was part of the failed Manchester United bid by the Red Knights, has brokered a number of takeover deals in football including Randy Lerner's purchase of Aston Villa.
Pompey have been in administration since February 2012 and are said to be around £60m in debt.
The Pompey Supporters Trust have also made an offer for the club.
The PST are administrators PKF's preferred bidder and have been approved by the Football League as well as the club's creditors.
Who is who in Pompey saga
PST - The Supporters' Trust hoping to buy Portsmouth Football Club.
PKF - The administrators dealing with the sale of Pompey.
Portpin - Former owners of the club, led by Balram Chainrai, who are also vying for control of Pompey.
Walker Morris - Law firm representing Portpin/Chainrai.
Sacha Gaydamak - Proprietor of land around Fratton Park owned through Miland Developments.
David Rubin & Partners LLP - Administrators of Miland Developments.
REL - Robinson Estates Limited
But their takeover is conditional on them taking control of the club's Fratton Park stadium.
It is controlled by the club's former owner Balram Chainrai, who is owed £12m by Pompey and holds the stadium as security via a fixed charge.
The PST have offered Chainrai £2.75m for the ground but the Hong Kong businessman has so far refused to sell.
PKF are attempting to force the sale of Fratton Park through the High Court, as well as seek an independent valuation, although the hearing has been adjourned several times.
The latest hearing is set for 14 February.
A source close to Chainrai's Portpin said they "noted the recent approach from Keith Harris".
"As a creditor we remain agnostic about the source of the solution and welcome an approach from any credible group that might finally lead to the club coming out of administration," added the Portpin source.
The PST remain bullish that their takeover will go ahead and added: "Our bid is complete and ready to go. What we need is a complete break from the past."

some good news for pompey at last! fans have stuck by them through all this, fair play to them

Be great to see them rise from the dead such a geat club.

Partnership I believe

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Gutting. Have a real genuine dislike for Portsmouth

Partnership I believe

What exactly was his involvement here, didn't the Riddler bring him to try and find a buyer?

Partnership I believe

Just spat my coffee out at work!!!

What exactly was his involvement here, didn't the Riddler bring him to try and find a buyer?

Correct supposed to find us mystery hedgefunders but he did feck all.

this has the smell of peter risdale all over this

his he bringing ORVIL with him

Bid has been rejected and now they look doome.