Storries drops investors hint

Last Updated: Tue, 09 Feb 2010 09:05
Portsmouth

Chief executive Peter Storrie claims Portsmouth are in talks with potential new owners about another takeover at Fratton Park.

Hong Kong businessman Balram Chainrai is aiming to offload his 90 per cent stake in Pompey after confirming that he had no interest in being the long-term owner when assuming control from Ali Al-Faraj last week. As a result Chainrai is on the look out for a buyer to take on the struggling south coast outfit as quickly as possible and Storrie is hopeful of making a breakthrough soon.

In the meantime Portsmouth are hoping to secure a deal with HM Revenue and Customs and win a postponement of the winding-up order scheduled for Wednesday. If the HMRC fail to offer an extension over an unpaid £7.5million tax bill then Pompey will go into administration and be condemned to certain relegation.

Storrie is hoping of a positive outcome as he stressed that if Portsmouth do go under then their creditors will get nothing.

"If the Revenue wind this club up they will get nothing, and that cannot be the right answer," insisted Storrie in The Times.

"We are in talks with potential new owners, which would be our fifth owner this season.

"I have heard the job about how we have had more owners than win this season."



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