MX23RW : Friday, May 14 17:56:07| >> :600:254744:254744:

Football League blocks Portsmouth bid

Football League blocks Portsmouth bid
© PA Photos
The Football League blocks a bid for Portsmouth by a consortium led by Keith Harris.

The Football League has blocked a bid for Portsmouth by a consortium led by Keith Harris.

Administrators of the League One club revealed on Thursday that former Football League chairman Harris and a group of financiers had made an offer to take over at Fratton Park.

However, the League have now confirmed that they will only be considering a bid that has already been made for the club by the Pompey Supporters Trust.

"Given that the Football League's Insolvency Policy prohibits a club from beginning two consecutive seasons in administration, the board took the view that any change of preferred bidder at such a late stage would only create further uncertainty and was not in the wider interests of the League and its member clubs," read a statement.

"Therefore, the League has informed the Administrator that it will not currently consider transferring the club's share in the Football League to a new bidder. This means that in the event that the PST bid does not succeed and Portsmouth do not exit administration before the end of the current playing season, the club will lose its membership of the Football League."

Portsmouth entered administration nearly one year ago.

ID:68154: cacheID:68154:1false2false3false:QQ:: from db desktop :LenBod:restore:2156:
Restore Data
Share this article now:
Did you know...?
Fratton Park
Read Next:
Portsmouth confirm consortium bid
>
Read more about Keith Harris Football

rhs 2.0
Todays Game Header Right
Tables

Subscribe to our Newsletter


Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!