Source: PA
Gaydamak agreement set to save Portsmouth
Portsmouth's future looks assured after former owner Sacha Gaydamak said he will sign an agreement with the club over cash owed to him.
But Gaydamak also expressed his frustration with the club for scaremongering about them being on the brink.
Under the deal, Portsmouth will pay Gaydamak £2.2million in instalments over the next five years.
Gaydamak said: "The news this week surrounding football and this club shows that the current preoccupation with money and finance isn't helping the game and its reputation.
"Portsmouth Football Club, its fans, employees, players and the community that surrounds it deserve better than being subjected to rumour resulting from some parties using the press to create uncertainty as a negotiating tactic.
"I fully intended to sign the deal on Friday and had it not been changed at the last minute I would have. Everyone understood on Friday that further negotiations were now required. A new agreement was reached late [on Saturday evening] and as soon as I receive the papers I will sign them. I hope this draws to an end this unfortunate uncertainty surrounding the club. I wish everyone involved in the club well for the future."
