Saturday, 26 November 2011

Arrest warrant for Portsmouth FC owner Vladimir Antonov

Arrest warrant has been issued for Portsmouth FC owners, Vladimir Antonov, in connection with the case of finance in Lithuania.

They are also looking for business partners, Raimondas Baranauskas. Both are former managers and shareholders of the Bank Snoras has already denied the allegations and.

"The two former managers of Snoras has been set as a suspect in connection with the misuse of assets on a large scale and falsification of documents," such as the da's Office declared Lithuania.

Meanwhile, the club Portsmouth declare their activities undeterred and daily operations running normally. Vladimir Antonov has 68% stake in Bank Snoras administratos have been appointed and the parties to examine the bank's financial position.

Russia businessman it is a funder of Convers Sports Initiatives, CSI, which has a Portsmouth.

In February 2011, Portsmouth became the first English Premier League club which was declared bankrupt and in June 2011 the CSI takes over a club that's been down one level to the League Championship in the United Kingdom.

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