The Pompey Supporters’ Trust (PST) moved one step closer to receiving ownership of the city’s football club, following an announcement by the club’s administrators, PKF, that they are the preferred bidder.
The PST's core aim throughout the process has been to create Britain's largest community club and allow the fans to take control of the club's destiny, protecting the legacy for generations to come. Thanks to the fans, that have pledged their support in their thousands, this vision may now become a reality.
Iain McInnes, proposed Chairman of Portsmouth FC under the PST bid, said: “We are energised that our bid, by the fans and for the fans, has been preferred by the club’s administrators. Although there remains a huge amount of work to be done to ensure the right outcome for the club, we are confident we will succeed.
“We believe our bid is realistic and credible, which is a view shared by the administrator. We will be working closely with Trevor Birch and his team in the coming days and weeks to ensure our bid will meet all legal and financial requirements.”
Ashley Brown, Chairman of the Pompey Supporters’ Trust, added: “This is a pivotal moment in the history of Portsmouth Football Club, but also to the wider footballing world. I’d like to take this opportunity to thank the fans for their continued support of the bid and of the club throughout this process, and for believing in what a true community club can offer.
“Pompey has long been renowned as a pioneering club and this decision keeps that tradition alive. While we look to support this off the pitch, we encouraging fans to ‘Pack the Park’ this weekend and show Michael Appleton and his players the support they so rightly deserve on the pitch.
“There is a lot of work to be done, but the PST’s ethos is clear: run the club both transparently and honestly, with the fans at the heart of Portsmouth FC. The PST believes this new club model is the future of sustainable football ownership in The Football League.”
The PST will be announcing the final stage of its share prospectus and this will be sent to all fans who have previously pledged.