I have written about the disgraceful situation at Portsmouth briefly before, when Rangers were hanging on to their position in the SPL by a thread, but with only five days left to resolve the club's issues things are now looking desperate. The two potential buyers of the club, The Pompey Supporters Trust and Portpin (Balram Chanrai's organisation), have placed conditional offers on the table but the main condition is that all players either take substantial reductions in their wages or leave the club altogether. Most have done this already, but Tal Ben Haim and Liam Lawrence remain 'on the books' at the moment although it has been reported that deals are close for both. Should both players leave the club in the coming days, the next choice would be which bidder is preferred? As an outsider, there should only be one winner and they are the Pompey Supporters Trust. After all, Balram Chanrai has been part of the circus of the last few years and has had his chance; and fan ownership should be seriously considered as a viable option. There are several instances in England of fan ownership, most notably Wycombe Wanderers, Wrexham, Ebbsfleet, AFC Wimbledon and FC United of Manchester. If it can work for some, why not others? In Germany it is a legal requirement to have fan ownership of at least 51%; when Red Bull acquired SSV Markranstadt and renamed the football team RB Leipzig it could only acquire 49% of the shares, and they weren't allowed to use the full Red Bull name due to other German rules. They may be only in the Regionalliga Nord which makes up part of the fifth tier of German football, but Dietrich Mateschitz (Red Bull owner) is an incredibly astute businessman and he's invested in many sporting franchises as well as other football clubs; things that this man turn his hand to tend to be a success. With this kind of model as an example, why can't it work for Portsmouth? Maybe they could be the first side to achieve real success with fans as owners. The gentlemen concerned might have a few more quid than the average football fan, but they are fans nonetheless so they would have the interests of other fans, as well as the club at heart. Ian McInnes who is one of the 'high net worth individuals' that look to be providing the main funds for the bid, says that 'outside his family, Portsmouth football club is the most important thing in his life' and 'the city would die without the football club as a heartbeat.' He would know. He began his life in the humble surroundings of Portsmouth's northern suburb Paulsgrove, and Portsmouth has been in his blood ever since. As well as the four individuals backing the trust, McInnes intimated that there was a 'major backer from left field' who is looking to meet with the trust to discuss investment, so even if things are looking a bit cloudy on the horizon at the moment there's bright sunlight behind there somewhere. Perhaps the first hurdle to overcome will be the biggest of all; getting Chanrai and the two remaining players to walk away so a deal can be done with the Trevor Birch and the administrators to secure the future of this club that means so much to the people of this fantastic historic city. Portsmouth may not be my club, but I live close to the city and a lot of my friends are Pompey fans so I know for a fact that extinction for this club and city is not an option. I am not one to publicise things on this website, but if anybody wants information on the trust the best place to go is www.pompeytrust.com. I wish a great deal of luck to the loudest fans the Premier League has ever seen, and hope to see you back there soon.
SPORT SHORTS
Well, Team GB have had a bit of a turn-around at the Olympics haven't they? Crikey.This time last week we had two or three medals. Now we have twenty nine medals including fourteen golds and we're up to third in the medals table. Last night was an amazing spectacle as Jessica Ennis (Heptathlon), Greg Rutherford (Long jump) and Mo Farah (10,000m) all made the top step of the rostrum within a literal 'Golden Hour' by crushing their opponents. There are more medals in prospect today with Andy Murray already guaranteed two Silver medals at least, and others being contested in sailing, athletics and more cycling at the velodrome.COME ON TEAM GB!The England v South Africa test match at Headingley is finely poised with things just about even as rain stopped play just before lunch on Sunday. Kevin Pietersen's 149 and Matt Prior's 68 have given England a platform to build on. I think this game has draw written all over it, but if the bowlers can have a good day there's a slim chance of a win. All to play for in the battle for best Test side in the world.
With the English Premier League season a fortnight away, the transfer rumours are starting to spread. Manchester United are said to be preparing to bid £30m for Brazil's Lucas Moura and £20m for Arsenal's Robin van Persie.
Also, I think this one is somewhat unlikely, but it's being reported that Manchester City are thinking about buying Scott Sinclair from Swansea. Has Roberto Mancini got a blind spot where Adam Johnson is concerned; He can send him to Anfield if he wants! Liverpool have apparently made a bid £12.5m for Uruguayan Gaston Ramirez. We must have some sort of interest in Uruguayan exports!
(C)ashley Cole wants to be paid £200,000 a week. Enough said.
Back next week with a full Premier League preview.
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