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Pompey Supporters Trust

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Abbreviation  PST
Membership  2,300
Headquarters  Portsmouth
Type of business  Official Supporter's Club
Formation  23 December 2009
Leader  Ashley Brown
Founded  23 December 2009
Pompey Supporters Trust wwwpompeytrustcomGenerateImageaspxfileimages
Legal status  Constitutional Supporters' trust
Purpose  Represent the interests of Portsmouth F.C.
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Pompey supporters trust


The Pompey Supporters Trust, or the PST, is a supporters' trust consisting of fans of Portsmouth F.C., an English professional football club. The prime role of the group is to represent the interests of Portsmouth F.C..

Contents

Since 2013, the Trust has also been the Club's majority owner.

Hitler finds out pompey supporters trust is preffered bidder


History

Trust's first meeting was held in September 2009, after various people contacted supporters, talking about the possibility of starting a supporters' trust. On 23 December, the PST was finally created.

On 30 March 2012, after Portsmouth's successive relegations and administrations, the Trust launched a bid to try to buy the club, initially asking supporters to donate a minimum of £100. In August, PST announced a new bid, and also Members of the UK Parliament urged Balram Chainrai (Portsmouth's previous owner) to reach a deal with the Trust. On 18 October, PKF administrator Trevor Birch announced that the Trust was named 'preferred bidders' ahead of Chainrai's Portpin.

On 15 November, PST signed a conditional agreement with PKF, Portsmouth's administrators, to buy the club. The deal was delayed, however, due to Chainrai's refusal to reach an agreement to the sale of Fratton Park, the club's stadium. Six days later, it was announced that the case would be decided at the High Court of Justice on 13 and 14 December. On 14 December, the case was adjourned until 15 January 2013, and was delayed for a further three times until being set a deadline of 19 April 2013 on 21 February.

On 9 April, the Court Case was confirmed to the following day, at 10.30am. PST finally took over the club on the 10th, appointing Iain McInnes as the club's chairman.

A year after Portsmouth's takeover, the Trust had 2,300 shareholders and raised around £2.5m through individual pledges of £1,000. On 29 September 2014, after almost 18 months in charge, PST declared that Pompey was debt-free after paying back all creditors and legacy payments to ex-players.

References

Pompey Supporters Trust Wikipedia


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