Source: Daily_Mail
Portsmouth set for new owner as mystery investor plots Fratton Park takeover
New owner? Lloyd[LNB]Portsmouth could soon have a new owner after representatives of an investor interested in taking charge of the stricken club began the process of due diligence. [LNB]Rob Lloyd, the businessman fronting the bid for an unnamed colleague, arrived at the club this morning with a lawyer to commence the study of their accounts. [LNB] No exclusivity period has been entered into due to the additional financial commitment that would have entailed - a fee of £5,000 was required simply to gain access to the books. [LNB]Lloyd said:'We decided not to go down the exclusivity route as we would have hadto put another £1million down initially, which nobody in their rightmind would do. [LNB]'We've now decided to go down the NDA - non-disclosure agreement -route, so one has to be very careful what we can say going forward.We're under a strict basis there that we can't disclose anything thatwe see today, and that will remain the case.'[LNB] Up for sale: Pompey are looking for a new investor [LNB] Lloyd has repeatedly refused to disclose the identity of themoney-man behind the bid for the club, who entered administration inFebruary. [LNB]He stuck to his guns when pressed on the subject, saying: 'Let's doone thing at a time. I've said what I'm going to say on the subject,I'm going to remain private on that matter as I have been asked to. [LNB]'At the moment it's certainly a single investor who has asked me tofront the position here, which is what I'm doing, and that's wherewe're at. [LNB]'Once we've done the due diligence process it's up to that person,individual, investor to come out if he so wants to do. But let's get toa stage where we can actually make a formal bid.'[LNB] Roma line up bids for Arsenal star Eboue and Pompey defender BelhadjTottenham will avenge Sunderland defeat against Pompey, claims CrouchAshdown weighing up Portsmouth future: I need to play every weekMiddlesbrough promise to cough up £1m to Portsmouth for Gary O'NeilPORTSMOUTH FC
