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Portsmouth latest on new bidder

This week a fifth bidder emerged when Portco Ltd, a group of UK investors fronted by Scottish businessman Harry Kerr registered an interest the club that is nearly £61m in debt.

The Pompey Supporters' Trust and Balram Chainrai's Portpin remain in pole position to take over the debt ridden club, who have been in administration since February but PKF (the administrators) are expected to choose a 'preferred bidder' in the coming days with the Football League close to resolving its outstanding issues with both Portpin and the PST.

Portco made their interest known on Wednesday while Al Fahim, despite revealing his interest two weeks ago, is yet to show proof of funding to administrators PKF.

Portsmouth boss Michael Appleton says interested suitors of the club should resolve ownership soon as results have been poor on the pitch and uncertainty effects the club as a fifth bidder emerged this week.

"It's one thing putting a bid in for a football club, but there is another thing actually putting your money in," Appleton told BBC Radio Solent.

“Where were they back in May? Why are they coming in so late?”

SE

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