In the turbulent recent few months in the ever eventful history of Portsmouth Football Club, there has been a new development this afternoon.
The Portsmouth Supporters’ Trust is hopeful that its deal to buy the club out of administration will be concluded by Christmas, after signing a conditional agreement that raises hopes of an end to a tortuous saga for fans.
Ashley Brown, chairman of the PST, said he was “thrilled and proud” that it had reached an agreement with PKF (the administrators), while the chief administrator, Trevor Birch, said he was hopeful that it marked “the beginning of the end of the process”. However, the sale remains conditional on the administrator receiving permission to sell Fratton Park.
It’s by no means over yet, but it is a positive step for the PST in their bid to release the club from the grasp of a host of failed former owners. You can find out more about the PST over at their website here.
To be continued……..