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Portsmouth confirm offer for club from new consortium

Portsmouth confirm consortium bid
© PA Photos
Portsmouth administrators announce that an offer to buy the club has been made by a consortium including ex-Football League chairman Keith Harris.

The Portsmouth administrators have announced that a new consortium has lodged an offer for the financially stricken club.

PKF partner and Portsmouth joint-administrator Trevor Birch has revealed that a group including former Football League chairman Keith Harris, deputy chairman of the investment bank AIAK Group Pascal Najadi and Alan Hitchins, who is a professional investor, have lodged an offer to take over the League One outfit.

Birch released a statement on the club's official website, which said: "We believe this offer is worthy of consideration and could be completed without the need for a court case.

"As officers of the court, the administrators are charged with securing the best return for all creditors and therefore have to consider the offer. We will need to discuss the terms of the deal with the PFA and the Football League and also plan to consult the creditors' committee as a matter of urgency.

"This has been a complex administration and we are doing all we can to resolve the situation as quickly as possible. We will provide an update as soon as we have further news."

Birch also revealed that Harris wishes to speak to the Pompey Supporters Trust, who have lodged their own offer for the club.

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