Property developer Stuart Robinson, who is working with the Pompey Supporters' Trust (PST), has bought the land surrounding Fratton Park.
.
Robinson exchanged contracts in December and Paul Appleton, the joint administrator of David Rubin & Partners LLP, confirmed the completed deal.
.
Appleton's firm is acting on behalf of former land owner Sacha Gaydamak.
.
The land is seen as vital to the club's future, with Robinson and the PST also hoping to buy Fratton Park stadium.
.
On Wednesday Portsmouth City Council granted the PST a £1.45m bridging loan.