Administrators positive about new buyer for Portsmouth

The new administrators of Portsmouth FC are confident they can find an investor for the financially incapacitated club.

The new administrators of Portsmouth FC are confident they can find an investor for the financially incapacitated club.

Pompey fell into administration for the second time in two years last week but former lower league midfielder Trevor Birch, of accountants and business advisors PKF, told Sky Sports News that things are looking good for a new buyer.

"I suppose the supporters of Portsmouth are happy that there's time for a new face, a new change," he said.

"So let's hope we can achieve something successful going forward.

"There needs to be a new face for the supporters, a new face that is looking at every aspect of the club. Just to give it some new vitality.

"I suppose I'm used to dealing with clubs in crisis. You could say most of the Championship is in crisis. 30 per cent of the clubs in the Championship are paying wages in excess of 100 per cent of turnover. So that in itself tells a story. I'm used to dealing with that kind of pressure.

"Obviously the intention is to try and sell the club as a going concern. You have to travel hopefully and confidently. Hitherto there has always been somebody to come out of the woodwork to buy football clubs. Maybe this appointment might be the impetus for somebody new to come out and make a bid.

"I think just looking forward is the most important thing for us now to try and achieve some stability and to put the club on an even keel going forward."

 
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