Pompey close to new £70m takeover

Reports suggest that Pompey are soon to be under new ownership, as a South African mining consortium believe to have struck a deal for us.

Greg James, the chief executive of Central Rand Gold, is the man responsible for a £70 million takeover bid that will cause a bit of friction in the dressing room, as newly appointed manager Tony Adams, may not have a future at Portsmouth.

With a new ownership, would come a new back-room according to today's papers. Avram Grant has been linked with the job, while Rio Ferdinand's 'super-agent' Pini Zahavi is involved in the negotiations, despite early rumours claiming a bid from the Israeli.

The bid includes the supposed debt owed down at Fratton Park, as it is thought to be a figure around £32m, following the over-spending in the summer transfer window, and on player wages.

Adams was due to be announcing his new backroom staff on Tuesday but it may be new owners that are being announced along with their plans and ideas for a different manager and assistant.

I personally would prefer to see Adams stay on top of the takeover bid, we obviously need the money as Sacha seems a bit strapped at the moment, and the players are responding well to Adams so lets just bring in a new owner and leave Tony to deal with the coaches.