Lloyd says plenty of work ahead for Portsmouth takeover

Property developer Rob Lloyd has warned there remains a long way to go if his consortium's takeover of Portsmouth is to go through.

Lloyd is fronting an international group to buyout Pompey.

"We've got to conclude the deal first of all," he said. "I'm not making false promises.

"We're at early stages, there's a lot to do, there's a lot to do in 14 days.

"There are going to be a lot of sleepless nights. But let’s get to first base initially."

He added: "This is not a short-term fix, you can see this club is absolutely on its knees. The fans and other people associated with the club have been hugely let down.

"This isn't going to be fixed overnight. There's no question, no doubt in my mind

this is going to take years. And it's baby steps, it's building the blocks, it's building the foundations and making this club into a successful clubs."