Cases & Deals

Finance creditor negotiates with Portsmouth City Football Club stakeholders

Clients Financial institution

Jones Day acted for a finance creditor in respect of its exposure to Portsmouth City Football Club Limited. Jones Day's role involved advising its client in its discussions with Portsmouth, former owner Alexandre Gaydamak, HMRC and other creditors of Portsmouth. Jones Day provided ongoing legal support in often complex negotiations with other stakeholders, agreeing amendments to financing terms and security package and assisting in the takeover of Portsmouth by Al Fahim Asia Associates.