Portsmouth City Council will hold an emergency meeting on Thursday to discuss the future of Portsmouth Football Club.
Council leader Gerald Vernon-Jackson is speaking to the Supporters' Trust about proposals to lend them £1.4 million pounds to take over the failing club.
Administrator Trevor Birch is considering another bid for Portsmouth from Portpin - a company owned by former Pompey owner Balram Chainrai.
But both bids rely upon the club's remaining high earners changing their terms and conditions or leaving Fratton Park before 10th August.
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