Portsmouth's administrators have signed a conditional agreement to sell the npower League One club to the Pompey Supporters' Trust.
Trevor Birch, of administrators PKF, confirmed they have signed an agreement with the PST which is subject to receiving permission to sell Fratton Park.
The move comes after the administrators withdrew preferred bidder status from Portpin, the largest creditor in the Portsmouth Football Club (2010) administration, more than three weeks ago and named PST as the preferred bidders.
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