Vladimir Antonov extradition hearing adjourned until July

Vladimir Antonov Mr Antonov bought Portsmouth FC in June 2011

An extradition hearing for the Russian former owner of Portsmouth Football Club and his business partner has been adjourned for nearly six months.

Vladimir Antonov and Lithuanian Raimondas Baranauskas are charged with alleged asset stripping at Lithuanian bank Snoras.

Both men, former directors of the bank, deny any dishonesty.

The hearing has been adjourned until 8 July at Westminster Magistrates' Court in London.

Analysis

Vladimir Antonov is the co-owner of Convers Group, an investment company whose interests stretch from Russia to the Bahamas.

He fled to the UK after his father, Alexander, survived a murder attempt in Moscow in 2009.

While in the UK, Mr Antonov was determined to become as famous as his compatriot, Roman Abramovich, by buying a stake in Portsmouth FC, but was then forced to stand down as chairman.

The pair, who are fighting extradition, declined to comment after Monday's hearing. Their conditional bail was renewed.

Lithuanian authorities issued a European arrest warrant for the pair in November 2011 following a pre-trial hearing into the alleged multi-million fraud.

Mr Antonov, a London-based banker, bought Portsmouth Football Club in June 2011.

The 37-year-old was forced to stand down as chairman in November 2011 when his company Convers Sports Initiatives (CSI) went into administration.

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