Portsmouth fans given go-ahead to take over stricken club after Chainrai snub

Portsmouth fans given go-ahead to take over stricken club after Chainrai snubbed

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UPDATED:

17:24 GMT, 18 October 2012

Portsmouth's administrators have
nominated Portsmouth Supporters Trust (PST) as their preferred bidder to
take over the npower League One club.

Administrators PKF have been seeking a
new buyer for the club since it was placed under its control in
February with debts of 61million.

Troubles: Portsmouth are down in League One

Troubles: Portsmouth are down in League One

Trevor Birch, PKF partner and joint administrator of Portsmouth, said in a statement: 'After extensive discussions over the past few weeks, we have today nominated Portsmouth Supporters Trust as the preferred bidder for Portsmouth football club.

'We will be working with the Trust, the Football League and the Professional Footballers' Association to conclude the sale of the club as soon as possible.'

PST's emergence as the favoured bidder appears to rule out Balram Chainrai's claims that his company, Portpin, will be the club's new owners.

The Hong Kong-based businessman spoke out last week to deny claims that the Football League had expressed concerns over his suitability.

He said in a statement: 'Our discussions with the Football League have been positive and are progressing.

'As far as we are aware we have satisfied the majority of the criteria and we expect now to work through the last remaining points with the Football League in the coming days.

'We are very confident that we are in a position to complete the acquisition of Portsmouth Football club in the near future.'

Chainrai was at the helm when Pompey went into administration in 2010 and it is thought he could have been involved when they were placed back in administration eight months ago.

The rules of the Owners and Directors test stipulates that a person who has twice been involved with a club going into administration cannot become an owner or director.

Despite the PST's new position as the administrators' preferred bidder, it is likely Chainrai will contest any takeover as he is owed 18million by the south coast club and holds Fratton Park as security.

Iain McInnes, proposed chairman of Portsmouth under the PST bid, said in a statement: 'We are energised that our bid, by the fans and for the fans, has been preferred by the club's administrators.

'Although there remains a huge amount of work to be done to ensure the right outcome for the club, we are confident we will succeed.

'We believe our bid is realistic and credible, which is a view shared by the administrator. We will be working closely with Trevor Birch and his team in the coming days and weeks to ensure our bid will meet all legal and financial requirements.'

A statement from a Portpin spokesman said: 'We continue to work with the Football League to ensure we are ready to complete the acquisition of Portsmouth.

'Our discussions remain productive and we have been given no reason to believe there are any remaining obstacles to our bid.

'Whilst we note PKF's decision, we recognise that preferred bidder status has no basis in law.

'We are confident that our bid offers both the best deal for creditors and is the only fully funded offer to provide Portsmouth FC with a financially sound and sustainable future.'

Leeds are like a young Pamela Anderson, says David Haigh

Leeds are like a young Pamela Anderson, says prospective chief as takeover looms

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UPDATED:

08:21 GMT, 9 October 2012

Leeds United are like a young Pamela Anderson – 'in great shape, with superb assets and a great future ahead of her', according to the man who hopes to complete his takeover of the club this month.

David Haigh, deputy chief executive of the Bahrain-based Gulf Finance House (GFH), revealed the Middle East consortium are closing in on buying the Championship club from current owner Ken Bates.

Young Pamela Anderson during her acclaimed Baywatch days

Leeds are on the brink of a takeover deal

You beauty: Leeds have been likened to a young Pamela Anderson (L) during her acclaimed Baywatch days

Football League blog

Talks opened in June between both parties with former Chelsea chairman Bates blaming lawyers for the delay.

Haigh – a Leeds fan – is confident the deal will be done within three weeks and wants to guide the Yorkshire outfit back to the promised land of the Premier League as quickly as possible.

'Leeds is like a young Pamela Anderson. It's in great shape, with superb assets and a great future ahead of her,' Haigh told The Sun.

Nearly done: David Haigh expects his takeover at Elland Road to be completed by the end of the month

Nearly done: David Haigh expects his takeover at Elland Road to be completed by the end of the month

'Like any big acquisition we have to be thorough and that's the process we're going through right now. We're almost there and, hopefully, within three weeks it could be done.

'We are working incredibly hard to get the deal done but there are procedures and rules which must be followed.'

Manchester City feeling blue: Transfer window closing will be key to Roberto Mancini

Why are City feeling so blue Closing of transfer window will be key to Mancini

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UPDATED:

21:30 GMT, 27 August 2012

As the world's richest football club, it seems peculiar that Manchester City will perhaps feel relieved when the transfer window closes on Friday evening.

Only then, though, will Roberto Mancini and his players be able to focus solely on trying to retain their Barclays Premier League title.

The subject of player acquisition dominates Mancini's thoughts at the moment.

Cutting a central figure: Former City captain Carlos Tevez will continue to exert his influence in the absence of other creative players

Cutting a central figure: Former City captain Carlos Tevez will continue to exert his influence in the absence of other creative players

Meanwhile, there are players in his squad who have little idea whether they will still be living in Manchester in a week's time.

It's the same at many clubs, of course. This period of uncertainty is an unfortunate by-product of a window that remains open for a few weeks after the season starts.

Nevertheless, City – laboured in drawing at Liverpool on Sunday – have a look of hesitancy about them at the moment, and issues surrounding transfers are not helping.

Mancini, the club's Italian coach, is fond of a dramatic statement. After his team's unconvincing 2-2 draw at Anfield, he suggested that the coming five days would determine his team's season – and that is certainly an exaggeration.

Phone a friend: Mancini remains hopeful of adding to his squad before the transfer window slams shut on Friday

Phone a friend: Mancini remains hopeful of adding to his squad before the transfer window slams shut on Friday

There is a clear sense, though, that Mancini needs to clear his head after a summer of to-ing and fro-ing over the club's business with football administrator Brian Marwood.

Life at the Etihad Stadium has been a little disjointed over the summer and opening League performances – Sunday's draw was preceded by a 3-2 home win over Southampton – have reflected that.

This week, City will continue in their attempts to sign a central defender. That is Mancini's priority.

A move for Arsenal's Thomas Vermaelen was recently considered and then dismissed as impossible. There is still a possibility that Liverpool may re-engage over Danish defender, Daniel Agger.

Case for the defence: Manchester City considered a bid for Arsenal captain Thomas Vermaelen

Case for the defence: Manchester City considered a bid for Arsenal captain Thomas Vermaelen

Elsewhere, the winger Scott Sinclair will arrive from Swansea as an understudy for just over 6million, while a firm bid for Roma midfielder Daniele de Rossi is likely.

Mancini will hope for progress. He will hope for anything. Or, more pertinently, anybody. His relationship with Marwood is modest at best, even if he has never been remotely close to resigning.

If things do not go well this week, it will be tested again. Mancini did not want to be chasing players in the last week of August. He made that clear in May, yet he is doing just that.

Out of sorts: City star Silva is short of match sharpness

Out of sorts: City star Silva is short of match sharpness

Fantasy football 2012

At Anfield, City had a peculiar look about them in more ways than one. With David Silva short of match sharpness, Sergio Aguero injured and Gael Clichy absent because of complications with the birth of a new baby, Mancini fielded a team that featured four players – Carlos Tevez, Nigel de Jong, Kolo Toure and Aleksandar Kolarov – who he began the summer happy to sell.

This, as much as anything, spoke volumes about the club's difficult period in the market. What was also odd – at least at first glance – was City's formation.

Mancini set his team up to play 3-4-1-2 and left one of last season's heralded central defenders, Joleon Lescott, on the bench.

Bench: Lescott was left out of the City starting line-up which faced Liverpool on Sunday

Bench: Lescott was left out of the City starting line-up which faced Liverpool on Sunday

Playing against just one Liverpool centre forward – Luis Suarez – this looked rather odd but City insisted privately yesterday that this was not a selection born of negativity.

Mancini's rationale was to play with two ball-playing defenders either side of one centre half, Vincent Kompany, and release wing-backs Kolarov and James Milner down the flanks to essentially play as midfielders.

Below par: Balotelli was off colour against Liverpool

Below par: Balotelli was off colour against Liverpool

It was this formation – at least in Mancini's mind – that allowed his team to start with two strikers and another forward, Samir Nasri, just behind them. Whatever the case, we can expect to see this formation again from time to time.

In the long-term, though, Mancini will start out with the four-man defence he used last season to win the title.

Not prone to bouts of panic, Mancini is known to be sanguine about the way his team have started the season. They have had to come from behind in both League games so far, but at least they have managed to do so.

Silva is scheduled to be restored to the team at home to Queens Park Rangers on Saturday and that will certainly help. The Spanish international effectively missed a week of training when he was asked to travel to a friendly in Puerto Rico after the Community Shield, and City are gradually trying to get fitness into his legs before he is asked to play every weekend once more.

Similarly, the capricious Mario Balotelli is some way short of his best after his lay-off in the wake of the Euro 2012 final.

The Italian was poor against Liverpool, meaning that the burden of responsibility once again landed squarely on the shoulders of Tevez.

English football's most famous South American has impressed Mancini's technical staff since his return from a summer break.

Statistics compiled by the club's analysts showed Tevez's workrate to be phenomenal during pre-season, and that has continued now that the competitive football is under way.

There is a certain irony, of course, that as we approach the anniversary of one of the game's most notorious rows – Tevez and Mancini in Munich last September – City are once more looking at their former captain for a little inspiration.

Getting shirty: Tevez celebrated his 100th goal in English football in the 2-2 draw at Anfield

Getting shirty: Tevez celebrated his 100th goal in English football in the 2-2 draw at Anfield

His goal at Anfield was his second of the League season and his 100th in English football. All of a sudden he is talking about an extension to his current contract and, although that is a rather ambitious refrain, it is undoubtedly the case that Mancini will need the 28-year-old to be on his game, as he awaits Aguero's return to fitness, and then some more productive performances from his other offensive players.

Fortunately for City, their September and October Premier League fixtures are not that daunting. QPR, Stoke, Arsenal, Fulham, Sunderland, West Brom and Swansea are the champions' opponents over the coming two months.

/08/27/article-2194369-14B6B22D000005DC-454_634x337.jpg” width=”634″ height=”337″ alt=”Carlos Tevez ” class=”blkBorder” />

Fraser Fyvie signs for Wigan

Martinez makes first summer signing as Aberdeen prospect Fyvie joins Wigan

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UPDATED:

18:16 GMT, 16 July 2012

Wigan boss Roberto Martinez has made his first signing of the summer with the acquisition of Aberdeen midfielder Fraser Fyvie for an undisclosed fee.

The highly-rated 19-year-old, who made his Dons debut at the age of 16, joins on a three-year deal.

Done deal: Fyvie (left) is Wigan's first summer signing

Done deal: Fyvie (left) is Wigan's first summer signing

Martinez told Wigan's official website: 'I'm excited because we are signing such a strong character and a great personality at just 19 years of age.

'He's got a tremendous future in his hands and we're all delighted that he's making such a big step forward in his career here at Wigan Athletic.'

Fyvie is the youngest player to play for Aberdeen, as well as being the Pittodrie club's youngest goalscorer.

Hot prospect: Fyvie made his Dons debut at 16

Hot prospect: Fyvie made his Dons debut at 16

A serious knee injury saw him miss the majority of the 2010-11 campaign but he was back to his best last term.

After he refused a new deal towards the end of last season, Dons boss Craig Brown has opted to cash in on Fyvie before the youngster's contract expires halfway through the upcoming campaign.

Martinez has not been afraid to raid the
Scottish Premier League for upcoming talents, having previously signed
James McCarthy and James McArthur from Hamilton in 2010.

And he is confident Scotland Under-19
cap Fyvie will flourish after opting to move to DW Stadium despite
reported interest from Fulham.

Martinez said: 'He's a bright young man
and will have a good environment here in which to develop, with players
that have been through similar experiences and of course our fans who I
know will make him feel very welcome and allow him to develop over the
coming months.

'Technically he's very gifted, enjoys playing in the midfield where he can cover large areas, he's very powerful off the ball and in possession is someone who can read the tempo of the game very well.

'Also you have to remember that for such a young player he's played a lot of games in the SPL at a high standard which shows his maturity.

'Together with the rest of the squad and, of course, the other Scottish boys in the squad he'll settle in quickly I'm sure, but he's so eager to get going and take advantage of the good experience within the dressing room.'

Rangers crisis: Smith casts doubt on rival Green after abandoning bid to buy new club

Former Rangers boss Smith casts doubt on rival Green after abandoning bid to buy new club

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UPDATED:

13:55 GMT, 19 June 2012

A consortium led by former Rangers manager Walter Smith have withdrawn their bid to buy the club from Charles Green.

Smith said an offer of 6million to
the Green consortium through Zeus Capital had been rejected, and
confirmed his group have now pulled out of attempts to own the newco
club in order to allow the new owners to proceed in their own way.

Out of the running: Former Rangers manager Walter Smith

Out of the running: Former Rangers manager Walter Smith

A statement from Smith read: 'Our offer has been rejected and they have made a counter-offer inviting us to join their consortium.

'However, the current business plan is
not in accord with our understanding of the present circumstances of the
Club and the way forward, but we would prefer to leave them to proceed
in their own way and we wish them good luck in their endeavours.'

The Smith-led consortium revealed a dramatic 11th hour bid for Rangers on Thursday, as failure to secure a Company Voluntary Arrangement (CVA) consigned the club to liquidation.

Green and his investors subsequently
completed the purchase of the business and assets of Rangers as a newco
for 5.5million and were urged to consider a quick sale by the veteran
boss.

However, Smith – who
stressed their initial offer to administrators Duff and Phelps was made
before Green`s acquisition was completed – is now prepared to step aside
following 'verbal assurances' provided by the new regime.

A statement from the two-times Rangers
manager read: 'I would like to clarify the background to the offer of
6million for the assets of the club which I announced on Thursday 14th
June 2012.

New man: Charles Green

New man: Charles Green

'The offer was made to the administrators before the Charles Green consortium had concluded their transaction to acquire the assets at 5.5million from the administrators.

'We felt it necessary to have a fall-back position to secure the club's future.

'We have since made the same offer of 6million to the Green consortium through Zeus Capital.

'Our offer has been rejected and they have made a counter-offer inviting us to join their consortium.

'However, the current business plan is not in accord with our understanding of the present circumstances of the club and the way forward, but we would prefer to leave them to proceed in their own way and we wish them good luck in their endeavours.

'Members of our consortium had met with Charles Green and Zeus Capital prior to the CVA meeting and it had been agreed that we would be provided with significant information which would give us comfort as to the identity of the consortium members, their strategy and their funding capacity.

'This information had not been forthcoming by the date of our offer.

'We are therefore withdrawing completely from the process to enable Charles Green and his consortium to move forward.

'We very much hope the verbal assurances they provided to us – and the public statements made – are adhered to and that the club will therefore be financed and managed with appropriate governance and can go forward in a sustainable manner.

'We wish the new Rangers Football Club every good fortune.'

Green will discover on July 4 whether the company now known as The Rangers Football Club will be granted entry into the Scottish Premier League.

All 12 top-flight clubs will vote on the issue at a general meeting convened after the football body confirmed an application for registration of transfer of Rangers' SPL share had been received.

Next season's fixtures were released yesterday morning with the stricken Glasgow giants replaced with 'Club 12' until the situation is clarified.

The SPL also announced disciplinary charges will be brought against Rangers when the future of the club is clarified, and before the start of the new season, following an investigation into player payments outside of contract in relation to Employee Benefit Trusts (EBTs).
end

Reading takeover complete

Reading takeover completed as club looks towards Premier League

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UPDATED:

14:56 GMT, 29 May 2012

Anton Zingarevich has finally completed his takeover of Barclays Premier League new boys Reading.

The mega-rich Russian businessman agreed to buy 51 per cent of the Royals from John Madejski in January through Thames Sport Investment, owned by Zingarevich.

The deal had hoped to have been completed in March but delays meant approval has at last been cleared, exactly six weeks after manager Brian McDermott guided the Berkshire outfit to promotion from the npower Championship.

New era: Anton Zingarevich (right) has completed his takeover of Reading

New era: Anton Zingarevich (right) has completed his takeover of Reading

A statement released by Reading read: 'Reading Football Club are pleased to announce that a 51 per cent acquisition by Thames Sports Investment (owned by Anton Zingarevich) has now been completed, complying with all Premier League and Football League requirements.

'Four additional directors have been added to the Reading Football Club board chaired by Sir John Madejski, namely Anton Zingarevich, Christopher Samuelson, Andrew Obolensky and chief executive Nigel Howe. Ian Wood-Smith also remains a director.

'The football club and TSI would like to thank both the Premier League and Football League for their assistance, and we now enter another bright new era for our historic club, back in the Barclays Premier League.'

Fabio Aurelio signed by Gremio

Brazilian club Gremio sign former Liverpool defender Aurelio

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UPDATED:

23:07 GMT, 24 May 2012

Going home: Fabio Aurelio

Going home: Fabio Aurelio

Gremio have announced the signing of Fabio Aurelio after the defender was released by Liverpool.

The 32-year-old left-back returns to his native Brazil after 12 years in Europe, split evenly between a six-year spell at Valencia and his time at Anfield.

Aurelio was troubled by injuries while at Liverpool and was allowed to leave at the end of the 2009-10 season before rejoining the club that August after Roy Hodgson became manager.

Further injury problems followed, however, and he barely featured in the last 12 months under Kenny Dalglish, making just two Premier League appearances in the 2011-12 campaign.

His new club announced the acquisition on their official website, stating: 'Gremio confirm agreement with the left-back Fabio Aurelio Rodrigues. The player's contract extends to December 31, 2013.

'The player, developed at Sao Paulo, has been with Liverpool in England since 2006 and also served for six years at Valencia in Spain.'

Liverpool's Brazilian midfielder Lucas Leiva wished Aurelio well, writing on Twitter: 'Gremio signed Fabio Aurelio. What a great news.'

Marcello Lippi named as coach of China"s Guangzhou Evergrande

World Cup winner Lippi heads to China to take over Guangzhou Evergrande

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UPDATED:

08:35 GMT, 17 May 2012

World Cup-winning coach Marcello Lippi has been named as coach of China's Guangzhou Evergrande.

The Italian is the latest foreign acquisition by clubs in the China's Super League and has signed a contract until 2014.

'In accordance with the strategic needs of the club… the following decision was made: to hire Mr. Marcello Lippi as the head coach of Guangzhou Evergrande,' the club said in a statement.

A new new beginning: World Cup winning coach Marcello Lippi has been announced as manager of Guangzhou Evergrande

A new new beginning: World Cup winning coach Marcello Lippi has been announced as manager of Guangzhou Evergrande

'The period of hiring is two years and six months,' it added, without giving further details about Lippi's salary.

Lippi, 64, led Italy to World Cup glory in 2006 but he has not worked since leaving the post following the national side's ignominious performance in 2010, when they became the first defending champions to exit at the group stage.

On top of the world: Lippi celebrates winning the World Cup in 2006

On top of the world: Lippi celebrates winning the World Cup in 2006

The Guangzhou Evergrande announcement follows persistent media rumours and comes despite manager Lee Jang-Soo this week taking the team into the AFC Champions League knock-out rounds.

In its statement, the club said Lee would step down as the team's head coach, but it was unclear whether he would stay on in another capacity.

Lippi said he was first contacted by the club in May last year.

'I dispatched an assistant to go see the club's matches, which made me even more determined. I am very enthusiastic about coming to China,' he said.

Despite the 2010 World Cup debacle, the silver-haired Italian comes with excellent club credentials after winning the Champions League with Juventus, with whom he also claimed several Serie A titles.

Brendan Rodgers wants to sign Gylfi Sigurdsson

Rodgers hopes Swansea can afford to complete permanent deal for Sigurdsson

Brendan Rodgers acknowledges that Gylfi Sigurdsson has added value to both Swansea and his own price tag since arriving on loan in January.

Sigurdsson, 22, struck twice from outside the area to earn only the Welsh club’ s third away win of the Premier League season at bottom club Wigan.

The Swansea manager viewed the Icelandic midfielder as the missing link in his attacking armoury with his temporary acquisition from Hoffenheim two months ago. Now he would like to make the move permanent.

Screamer: Swansea player Gylfi Sigurdsson scores the opening goal

Screamer: Swansea player Gylfi Sigurdsson scores the opening goal

'It’s something we will look at. I’m sure he will cost a lot of money. Whether we have that money or not is another factor,' Rodgers, who handed Sigurdsson his break at Reading before a 6million switch to the Bundesliga two years ago, said.

'He’s got a great attacking instinct, and when you’re putting teams together those are the different dynamics you’re looking for.

'I wanted to assess the group for the first six months until January. We were incredible in the Championship last year, and I wanted to give those players a chance, believing that they could perform to the level that they have. Then it was really a case of ‘”how can we improve”

'And I felt that type of player could improve us. He’s come in and so far he’s been very good.'

Party time: Swansea celebrate Sigurdsson's second goal

Party time: Swansea celebrate Sigurdsson's second goal

Sigurdsson is scheduled to discuss his future with Hoffenheim’s newly-appointed coach Markus Babbel before the end of the season.

'I think he’s going to give me a call later this month,' Sigurdsson said. 'I’m on loan until the end of the season but I don’t want to go back and sit on the bench.

'Playing in the Premier League, you’re not going to turn that down when you’re sitting on the bench in Germany.

'I watch the Premier League and Match of the Day in Germany. I took my Sky dish with me, so I knew Swansea played good football but once I came over, I could see it was a bit better than what I expected.'

Wigan v Swansea

Stephane Sessegnon wanted by Tottenham and Arsenal

North London rivals set for summer battle over Sessegnon signature

Tottenham and Arsenal are set to fight it out over the acquisition of Sunderland's star man Stephane Sessegnon.

The 27-year-old Benin international has earned rave reviews as the Black Cats have surged up the table since the arrival of Martin O'Neill as manager.

Wanted man: Sessegnon has had a fine season for Sunderland

Wanted man: Sessegnon has had a fine season for Sunderland

Both the north London clubs are keen to boost their attacking options according to The Sun and as Sessegnon has proven Premier League pedigree, he is an attractive proposition.

The attacking midfielder has often operated as an emergency striker this season and he has scored seven goals in all competitions.

Sessegnon only arrived at the Stadium of Light from Paris Saint-Germain last January for a fee believed to be in the region of 6million, and they are likely to want to make a significant profit if they are to sell.