Lloyd confirms plans for Portsmouth takeover

Property developer Rob Lloyd has confirmed he's in takeover talks with Portsmouth.

It has been reported Lloyd - who appeared on the Channel 4 programme Secret Millionaire in 2008 - will enter into confidential and exclusive arrangements with Portsmouth administrator Andrew Andronikou tomorrow ahead of a potential £30million buy-out, although Andronikou revealed the pair have not yet spoken.

Lloyd, who met with supporters' groups on Sunday, told Sky Sports News: "It is certainly genuine.

"I certainly wouldn't have spent my Sunday coming down here and wasting all the time.

"I have got more things than nuts and fruit cake on at the moment with my own company.

"There is a substantial investor involved here."

Asked if the investor would pass the fit and proper persons' test, Lloyd said: "There have been issues before.

"Certainly knowing the investor involved, he would tick all the boxes. He's very substantial. And I think he would be good for the club."