Chainrai back with new Pompey bid
Friday 24 August 2012
Balram Chainrai, the former Portsmouth owner, has submitted a new offer in a bid to buy the League One club.
Chainrai withdrew an offer last week, leaving the Pompey Supporters' Trust (PST) as the only option to save the stricken club from liquidation.
The Hong Kong-based businessman has now come back in, but the PST will still present its bid to Trevor Birch, the administrator, today. Birch, who confirmed Chainrai's renewed interest, will then make a decision based on "the best deal for creditors".
Birch explained that the offer from Portpin, Chainrai's company, was now being reviewed.
Latest in Sport
Mario Balotelli to Liverpool: The best memes as the internet reacts to imminent £16m transfer
Sami Khedira to Arsenal? Arsene Wenger reveals the Gunners are still in the market for defensive midfielder
Paul Scholes: Manchester United need five experienced players who can turn round a desperate situation
Manchester United transfer news: Louis van Gaal tried and failed to sign German stars Thomas Muller and Marco Reus this summer
Tracey Emin: My Life In A Column
- 1 Richard Dawkins on babies with Down Syndrome: 'Abort it and try again – it would be immoral to bring it into the world'
- 2 ALS ice bucket challenge co-founder Corey Griffin drowns, aged 27
- 3 A third of employers never check job applicants' qualifications, survey finds
- 4 James Foley beheading: Fox news presenter Megyn Kelly annoyed by Ferguson update during broadcast about murdered journalist
- 5 Paul Scholes: Manchester United need five experienced players who can turn round a desperate situation
Richard Dawkins on babies with Down Syndrome: 'Abort it and try again – it would be immoral to bring it into the world'
Scottish independence: English people overwhelmingly want Scotland to stay in the UK
Isis threat: Cameron wants an alliance with Iran
Crisis? What crisis? A visiting US doctor gives the NHS a rave review
Michael Brown shooting: Chaos erupts on the streets of Ferguson after autopsy shows teenager was shot six times – twice in the head
Scottish Independence Referendum: Salmond described as 'arrogant, ambitious and dishonest' by Scottish women