Administrators nominate bidder for Portsmouth take over

ADMINISTRATORS have nominated the Portsmouth Supporters Trust as their preferred bidder to take over the League One club.

PKF have been seeking a new buyer since taking control of the club in February with debts of £61m.

The emergence of the supporters' trust as the favoured bidder appears to knock down Balram Chainrai's claim that his company, Portpin, will be the club's new owners.