Portsmouth fans finally set to take over at Fratton Park


Click to follow
The Independent Football

The Pompey Supporters Trust are finally set to take over the club after they cleared a crucial hurdle when they were granted permission to take control of Fratton Park, following an agreement in the High Court.

The club's administrators, BDO, agreed a settlement with Portpin, a holding company run by former club owner Balram Chainrai, Levi Kushnir and Deepak Chainrai, which controlled Fratton Park.

Portpin had placed a value of £10 million on the stadium, while the Trust had bid £3m. Without a compromise agreement the fans' attempts to take over the club would be impossible and can now go ahead. Trust chairman Ashley Brown said: "This is a historic day for Portsmouth Football Club and for Pompey fans everywhere. At last, we can start to rebuild our club."