Verisona Solicitors and DLA Piper have advised Pompey Supporters’ Trust (PST) and Portsmouth City Council respectively on the purchase of Portsmouth Football Club, rescuing it from administration and creating the largest community-owned football club in the country.
Portsmouth City Council and South Point Finance have provided PST with the extra funds required in order for the purchase of Portsmouth Football Club to go ahead.
The purchase has completed after a settlement was agreed last week between administrators BDO and creditors Portpin, allowing the club to be purchased by its fans in advance of the final game of the season.
The DLA Piper team comprised partner Amy Jacks, legal director Chris Parker and solicitor John Milliken.
The Verisona team was led by director Mike Dyer, together with co-directors Ian Peach and Christopher Allnutt and consultant solicitor David Oliver.
South Point Finance was advised by Ashurst.