Pompey buy-out boost as New Zealand businessman says: I'm still interested

01 March 2010 12:42
New Zealand businessman Victor Cattermole claims his Endeavor Plan consortium are still interested in buying Portsmouth.[LNB]The south coast club went into administration last week after they were unable to agree a deal with any of four interested parties, with the Premier League due to imminently ratify the resulting nine-point deduction.[LNB]'We are still interested in buying Portsmouth.' Cattermole told Sky Sports News.[LNB] Seal of approval: Portsmouth players are desperate for the club to be saved[LNB]'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.'[LNB]The reason given for the lack of a sale last week was that none of the parties in talks had provided the club's chief executive Peter Storrie and current owner Balram Chainrai with proof that funds were in place.[LNB] Portsmouth administrator insists he can challenge nine-point deductionBurnley 1 Portsmouth 2: Optimistic David James eyes greatest ever escapePORTSMOUTH FC

Source: Daily_Mail