Walker Morris and Taylor Wessing have advised on the sale of Portsmouth Football Club, which was concluded this weekend following protracted negotiations over the terms of the acquisition. The sale, which marks the club's exit from administration following months of turmoil surrounding the club's liquidity, saw former owner Alexandre Gaydamak strike a deal with new owners Balram and Deepak Chainrai and Levi Kushnir late on Saturday (23 October).
October 27, 2010 at 08:30 AM
1 minute read
The original version of this story was published on Legalweek
Walker Morris and Taylor Wessing have advised on the sale of Portsmouth Football Club, which was concluded this weekend following protracted negotiations over the terms of the acquisition.
The sale, which marks the club’s exit from administration following months of turmoil surrounding the club’s liquidity, saw former owner Alexandre Gaydamak strike a deal with new owners Balram and Deepak Chainrai and Levi Kushnir late on Saturday (23 October).
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