- 8 updates
The future of Portsmouth football club remains unclear tonight after a court hearing relating to a takeover bid was adjourned yet again.
The club - which is struggling near the bottom of League One - was placed into administration earlier this year. Richard Slee sends this from the High Court in London.
In a statement this evening, Portpin - the company run by former owner Balran Chanrai - has called for the administrators to be replaced as they say their case is fundamentaly flawed. The firm has offered to take over the running of the club and fund the administration costs themselves.
The hearing to determine the proposed sale of Fratton Park, scheduled for December 13 and 14 at the High Court in London, has been adjourned for a second time. More as we get it.
Kate Bunkall has our report on the latest in the sage of Fratton Park.
A court hearing on the future of Portsmouth Football Club's Fratton Park ground has been postponed until tomorrow.
The court hearing between Portsmouth FC's administrators and Portpin is underway. However, due to a 'significant change' administrators are seeking an adjournment. The Judge is considering this request and is due to report back at 1230.
The hearing to determine the proposed sale of Fratton Park, scheduled for December 13 and 14 at the High Court in London, has been adjourned. It's not clear at the moment why there is a delay.
The administrator says the hearing is critical in deciding the future of Portsmouth Football Club. If the court agrees with the sale value of Fratton Park, they can sell the club as a going concern to the PST; if they lose, liquidation will become the most likely option.