New Zealand businessman Victor Cattermole is still interested in buying Portsmouth, despite the Premier League's bottom club going into administration and facing a nine-point deduction.
Portsmouth are now in administration
Pompey, who faced a winding-up petition issued by Her Majesty's Revenue and Customs over a multi-million pound tax bill, went into administration on Friday to avoid going out of business.
As a consequence, Portsmouth are almost certain to be deducted nine points by the Premier League, which will leave the club 15 points off safety, with only 11 games to play.
But the club's dire circumstances have not scared off Cattermole and his Endeavor Plan consortium, who were also interested in a takeover deal prior to the club going into administration.
"We are still interested in buying Portsmouth," Cattermole told Sky Sports: "We still have to carry out due diligence and see what is owed, what is expected to be paid for it and what the value's going to be once the whole issue of relegation and the nine-point issue is sorted out.''
Portsmouth are now in administration
Pompey, who faced a winding-up petition issued by Her Majesty's Revenue and Customs over a multi-million pound tax bill, went into administration on Friday to avoid going out of business.
As a consequence, Portsmouth are almost certain to be deducted nine points by the Premier League, which will leave the club 15 points off safety, with only 11 games to play.
But the club's dire circumstances have not scared off Cattermole and his Endeavor Plan consortium, who were also interested in a takeover deal prior to the club going into administration.
"We are still interested in buying Portsmouth," Cattermole told Sky Sports: "We still have to carry out due diligence and see what is owed, what is expected to be paid for it and what the value's going to be once the whole issue of relegation and the nine-point issue is sorted out.''
Permalink
Permalink