Date: 24th October 2010 at 12:22am
Written by:

Pompey have just issued the following statement

‘The Administrators of Portsmouth City Football Club Ltd are pleased to announce that negotiations between the various parties concerning the sale of the club have now been satisfactorily concluded.

Accordingly, the club has now been formally sold by the Joint Administrators, Messrs UHY Hacker Young, and will continue to trade outside of Administration.

The Administrators would like to thank Mr Gaydamak for his cooperation and assistance in securing the future of the club and acknowledges that he has played an integral part in delivering its survival.’

And so so all of us!!

Happy days after what we have been dragged through in the last thirty hours!!

PUP