Are these the Russians that were interested in us? (2 Viewers)

Bennets Afro

Well-Known Member
http://news.bbc.co.uk/sport1/hi/football/14974664.stm

Portsmouth's new owners Convers Sports Initiatives have admitted they were surprised by the lack of investment made by the club's previous owners.

Vladimir Antonov and Roman Dubov, who took over at Fratton Park in June, also promised to improve infrastructure at the Championship club.

"In the past six-or-seven years around half-a-billion pounds was moving around the club," Dubov told BBC South Today.

"But we don't even have proper toilets in the stadium... this was a nonsense."

The Russian continued: "What we can promise is that that will not happen with us."

He added: "We want to see a proper football club with a business structure inside. In all aspects of the club, from the commercial side to the academy, they are not in good shape. Only if we improve all these points will the club be successful."

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Our main goal is to give supporters confidence that we are stable owners and that we have the money to support the club's long-term vision
Roman Dubov
CSI co-owner
Portsmouth were the first ever Premier League club to enter administration in February 2010, and despite a host of high-profile signings and reaching an FA Cup final, fell from the top-flight into the Championship last year.

CSI took over from Sports Holdings (Asia) Ltd, but Dubov said the new owners would not try to buy their way back to the top-flight, and would instead focus on a longer-term plan which would include bolstering the club's academy system.

"We're not planning to invest huge money into the squad," he explained. "If you put a new engine from a Ferrari into a Mini it will not bear [it]. But we will put money into the academy and we want to improve the facilities, our training ground - we want to be a proper football club."

Antonov continued: "We decided we'll be long-term investors, we don't want to sell the club - we have a five-year development plan. For us it's a long term investment and a passion, emotionally we're very addicted to Portsmouth Football Club."

He added: "Our main goal is to give supporters confidence that we are stable owners and that we have the passion and money to support the club's long-term vision."

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We want to develop the club, it's not a toy, it's not just one of our assests - we're becoming addicted
Vladimir Antonov
CSI co-owner
The duo, who own CSI with former Leeds United chief executive Chris Akers, have sporting interests in Lithuania and Russia, and are also involved in the World Rally Championship, PowerPlay Golf, the Spartak Moscow ice hockey team and the Isle of Man TT motorcycle race.

The pair also committed to resolve issues over Fratton Park's redevelopment, which have been complicated because land around the club is owned by former owner Alexandre Gaydamak.

"Currently we're working on how to expand our territory around Fratton Park," Antonov said. "We'll do our best to buy this plot of land back to the club again."

Dubov added: "[The ground] is a priority for us, right now we're doing some investigation and working with the lawyers, we're working on it."

The CSI owners, who were behind a failed bid to buy Bournemouth in 2010, also explained how they ended up investing in Pompey.

"When we decided to buy a football club we started our research around the south of England," Anotnov said. "We started from League Two, then League One, and then we found Portsmouth.

"And we found a fantastic club, with a fantastic spirit, and history and heritage and an army of supporters with huge potential for the future.

"We want to develop the club, it's not a toy, it's not just one of our assests - we're becoming addicted and we will continue with that."

I like the last paragraph. I wish SISU would take that attitude!!!!!
 

kg82

Well-Known Member
When was that? The only interested party I can think of recently were Hoffmans backers and they were Chinese, weren't they?
 

Danceswithhorses

Well-Known Member
Yep thats them.
Apparently they approached SISU before the start of the season, but were knocked back, so they turned their attentions to Portsmouth, who they eventually bought.
 

TommyAtkins

New Member
SISU Turned Down Russian Owners

By Covsupport News Service
Updated Thursday, 15th September 2011
More information
More information has come to light on a story run in the summer that Coventry City were last season interesting London based Russian businessman Vladimir Antonov.
Towards the end of last season, there were plenty of rumours doing the rounds about Russians wanting to take over Coventry City and it is understood that Mr Antonov had expressed an interest in buying the Sky Blues.
However, Coventry City's current owners are understood to have knocked him back and his Convers Sports Initiatives, which already owns a number of sporting teams abroad plus franchise and other rights, went to Portsmouth FC where they now control the Fratton Park based club.
 

kg82

Well-Known Member
When was this then?! Not that it's any good now mind, I'm just confused as to why I can't remember this!
 

TommyAtkins

New Member
There is very little to substantiate the few details above. The CovMad report seems to be based mainly on rumours.

From the evidence available, it appears that the Russian consortium wanted to buy a club in the South of England only and did not want to invest in players/wages (
"We're not planning to invest huge money into the squad"). They also wanted a club that owned the ground or with the potential to own all of the ground.
 

We'll_live_and_die

Super Moderator
I can't understand why SISU didn't accept. It's interesting that they are building the academy up.
More interestingly CCFC would've fit their business model as our academy has quite a good reputation in the midlands. I was speaking to someone from Walsall a few weeks ago that has had his 11 year old signed up by CCFC and is ecstatic having left one of the Birmingham clubs to join us.
 

TommyAtkins

New Member
Sadly, it remains very likely that we are not an attractive option.

This Russian consortium wanted a club to develop over time, based in the South, where there is a relative dirth of high profile clubs, allowing the consortium to develop a wider fan base.

They wanted full ownership of the ground and did not want to invest heavily in players and wages.

Portsmouth, having gone through financial problems, are now (luckily for them) fairly free of exisiting debts.
 

crowsnest

Well-Known Member
This is based on the rumour Brody went to Russia in the Summer. However this was after they bought Portsmouth so it does work out that these were the russians (if any) we were talking to.

Also Portsmouth stand to get £36m from Premiership payments over the next 3 years.
 

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