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Chainrai named as one of two potential owners

Discussion in 'Portsmouth' started by MAJR, May 9, 2012.

  1. MAJR

    MAJR Well-Known Member

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    #1
    MAJR, May 9, 2012
  2. devonFRATTONiser

    devonFRATTONiser Well-Known Member
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    I'm sorry to say that I'm not filled with confidence.

    If Balram Chainrai once again becomes "reluctant owner" he will be more interested in protecting his investment than rebuilding the club. I would be ever fearful of an asset stripping project to recoup as much money as possibe, followed by a "reluctant sale" of the club for £1 to any-one crazy enough to take over what's left.

    While I'm admirable of the efforts of the Pompey Supporters Trust, I feel (although I admit my knowledge is less than those of you on Portsea Island!) that their way forward would be best suited to a phoenix club following the liquidation of Portsmouth Football Club in its current entity.


    I think we're stuck between the devil and the deep blue sea here.



    That said, I sincerely hope the outcome simply proves me to be a pessimistic miserable old sod!
     
    #2
    devonFRATTONiser, May 9, 2012
  3. 3rd eye

    3rd eye Well-Known Member

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    We've known for a long time that Chanrai is one of the interested parties - purely because he intends to protect his "investment". As a businessman he knows that the value of an investment can fall as well as rise. To be fair he has said he will take a drop in price, whether that's enough of a drop????

    Chanrai will just be a breathing space.......... as well, as Dev points out, as an asset stripping project.

    All power to the trust, but their communication skills are not good and I find it hard to have any real faith in their ability to raise the funds and run the club.

    I still think we are in for a lot more turmoil yet.
     
    #3
    3rd eye, May 9, 2012
  4. Singing Blue 3

    Singing Blue 3 Well-Known Member

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    BC is the option of ' last resort'. He placed us twice into Administration to protect his 'investment' and I am not sure what there is left to asset strip, apart from some of the players. He is bad news, but maybe our only viable option.PUP <ok>
     
    #4
    Singing Blue 3, May 9, 2012
  5. devonFRATTONiser

    devonFRATTONiser Well-Known Member
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    Thanks Singing. I feel a lot better now <yikes>
     
    #5
    devonFRATTONiser, May 9, 2012
  6. PompeyLapras

    PompeyLapras Well-Known Member

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    **** off Chanrai, Chanrai **** off
     
    #6
    PompeyLapras, May 9, 2012
  7. Wooperts_duck

    Wooperts_duck Well-Known Member
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    If Balram Chanrai is one of the potential buyers, then one can only fret at the outcome of his ownership in say 3 to 6 months time <grr>

    Let us just hope the other potential buyer is a genuine footbal fan, for all PFC supporters state of minds <ok>

    PUP PPU
     
    #7
    Wooperts_duck, May 9, 2012

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