Portsmouth reach Gaydamak agreement

Portsmouth look to have pulled back from the brink of extinction and could be heading out of administration (Portsmouth 7/1 to be promoted).

The Championship side’s former owner, Sacha Gaydamak, revealed he had reached an agreement with the club over a £2.2m sum owed to him.

Portsmouth had issued a statement on Friday saying they could be forced to fold.

But Gaydamak, the club’s key creditor, said on Saturday night: “A new agreement was reached on Saturday and as soon as I receive the papers I’ll sign them.

“I hope this draws to an end the uncertainty surrounding the club.”

Barclays Bank and another former owner, Balram Chainrai, are the Hampshire club’s other main secured creditors.

“Portsmouth, its fans, employees, players and the community that surrounds it deserve more than being subjected to rumour resulting from some parties using the press,” added Gaydamak.

The former owner will now receive £2.5m in instalments over five years.

Portsmouth (40/1 to win the Championship) have been in administration since February this year, and were £120m in debt at one point.

“Contrary to some reports, I fully intended to sign the deal on Friday and had it not been changed at the last minute I would have,” said Gaydamak.

“Everyone involved understood on Friday that further negotiations were now required.”

Former Hull chairman Paul Duffen now says he has put together a consortium that is interested in buying out the club.

Duffen was part of a group that bought the Tigers from Adam Pearson in June 2007.

“I have been monitoring the situation at Portsmouth for several months and trying to do a deal for some weeks,” Duffen told Express FM. “I have a fully funded bid ready to go.”

Duffen stepped down as executive chairman of Hull and Superstadium Management Company Ltd in October 2009.

Saturday proved an excellent day for Pompey as they continued their recent fine form with a 2-1 away win at Hull.

David Nugent gave Pompey the lead with a breakaway goal in first-half injury time and Greg Halford netted with a free-kick.

Nicky Barmby’s goal for the home side was mere consolation and Portsmouth have now taken 16 points from their last six games.

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How Ribery-less Munich Can Reach Champions League Final

champions league trophy1 How Ribery less Munich Can Reach Champions League FinalTuesday night sees Lyon and Bayern Munich clash in the Champions League semi-final second leg. Despite between them having eliminated Real Madrid, Juventus and Manchester United along the way to the last four whoever reaches the final at the Bernabeu will do so as the underdogs.

Bayern Munich were involved in a taxing league game on Saturday as they scraped to a 1-1 draw away to Borussia Monchengladbach to keep them top of the league but level on points with Schalke.

Martin Demichelis and Daniel van Buyten were both taken off during the game due to injury and this may leave the German’s extremely short defensively come Tuesday night.

To add to Bayern’s woes, Franck Ribery is suspended after getting a red card in the first leg and Croatian international Danijel Pranjic will also miss out after receiving three yellow cards throughout the competition.

With no Ribery to call upon, Arjen Robben, more than ever, will have to step up and be counted. The Dutch winger claimed the only goal in the first leg and he has a good record at scoring winning goals in second leg knockout ties already this season having dumped Fiorentina and Manchester United out the competition with screamer goals.

Overall, Lyon will start slight favourites to win on the night, and will hope to benefit from not having played at the weekend with top marksman Lisandro Lopez (6.50 to score first) nice and fresh for this contest.

The Argentinean striker has been quoted saying: “It’s clear. The team must change their attitude and their mentality for the next match on Tuesday. We didn’t play enough when we had the ball. We were waiting in our own half too much. At 11 against 11 we had chances to attack more but we didn’t hurt our opponent enough and definitely not at 10 against 11. You saw a team that played too defensively. We have to correct the tactics and show a more positive spirit to go for victory.”

Claude Puel’s side have claimed some great victories at Stade Garland this season, seeing off teams such as Real Madrid and Bordeaux. Attack has to be the obvious way to go with a supportive home crowd willing them on to a place in the final at the Bernabeu.

Expect Lyon to be the better side on the night, but just like at Old Trafford, Bayern Munich will do enough to eliminate their French opponents.

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Related posts:

  1. Bayern Munich v Lyon: Will Momentum Overcome the French?
  2. Inter Milan v Barcelona Champions League Semi Final
  3. Contrasting Champions League Fortunes Await the Italians


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