Friday 31 August 2012

Property developer set to give boost to fans’ takeover bid - Pompey Past - Portsmouth News

Property developer set to give boost to fans’ takeover bid - Pompey Past - Portsmouth News

FANS who want to buy Pompey have been given a boost by a businessman who could secure the future of Fratton Park.

The News understands property developer Stuart Robinson has offered to buy the stadium and lease it back to the Pompey Supporters’ Trust.
This would mean the fans’ group would not need the £1.4m bridging loan pledged by Portsmouth City Council.
It could also free up extra cash and make their bid more attractive to administrator Trevor Birch – who is preparing to decide between their bid and that of former owner Balram Chainrai.
Mr Birch is expected to make a decision either today or

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