The Pompey Supporters' Trust (PST) has voted in favour of allowing former Walt Disney chief executive Michael Eisner to buy Portsmouth, the English fourth-tier club announced on Monday. The trust, which took control of Portsmouth in 2013, holds a 48.5 percent stake in the club and has three members on the board of directors.
Its 2,272 members voted 80.3 percent in favour of the PST selling its stake to Eisner's Tornante Group, which has bid £5.67 million ($7.4 million, 6.6 million euros) to take control of the club. "This is true fan ownership and democracy at work," PST chairman Ashley Brown said in a statement. "Our fans decided who the next owner of our club would be and it will be Michael Eisner and Tornante. "The Trust board would like to wish Michael the very best of luck. We believe he understands the importance of the custodianship of Pompey and will be an owner all fans will be proud of.