Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Al Fahim Declares Portsmouth His
ESPN SoccerNet , August 26th, 2009 3:45PM

MOST READ


Arabian businessman Sulaiman Al Fahim claims to have taken complete ownership of Premier League club Portsmouth. The club installed Al Fahim as chairman on July 21 after he passed the league's new fit-and-proper-person test. But the club's chief executive Peter Storrie stalled Al Fahim's takeover by fronting a consortium that launched a separate bid for the club.

Al Fahim, however, announced on Wednesday that his company had assumed full control from previous owner Alexandre Gaydamak. "Devondale Investments, the current owner of Portsmouth FC, and Al Fahim Asia Associates Ltd. (AAA), a company fully owned by Sulaiman Al Fahim, chairman of the board of Portsmouth FC, have reached an agreement whereby AAA has become the new sole owner of the club,'' said a statement released by Al Fahim's representatives.

"Sulaiman Al Fahim welcomed this agreement and looks forward to helping the club build on its impressive history and achieve new successes in the Premier League."

 

Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
AC Milan Not for Sale, Owner Says     
AC Milan is not for sale, Finivest, the company controlled by Milan chairman Silvio Berlusconi, said ...
German Anger at Schalke for Considering Russia Invitation    
German politicians on Thursday criticized Bundesliga giant Schalke 04 for considering an invitation to Russia to ...
Report: Chelsea Backs Mourinho Anfield Decision    
Chelsea has given Jose Mourinho the green light to field a team at Liverpool on Sunday ...
PSG Eyes Second-Successive Ligue 1 Title     
Paris Saint-Germain could seal its second-successive Ligue 1 title without kicking a ball if second-place AS ...
Platini: No Clubs Banned From Europe Next Season    
In an interview, UEFA President Michel Platini said that no clubs found in breach of financial ...
Ancelotti: Real Can Beat Anyone     
Carlo Ancelotti proclaimed that Real Madrid has no one to fear following his team's 1-0 win ...
German Press Reacts to Bayern's UCL Loss    
Bayern Munich coach Pep Guardiola came in for some heavy criticism from the German media after ...
Reports: Messi Close to Barca Pay Raise    
According to reports in Spain, Lionel Messi is close to agreeing a contract extension with Barcelona ...
Scholes Named Man United Assistant Coach     
Paul Scholes on Wednesday was named as an assistant coach to interim Manchester United coach Ryan ...
FIFA Suspends Barca Transfer Sentence    
FIFA on Wednesday temporarily suspended the transfer ban handed to Barcelona for violating its rules regarding ...
>> Section 2 Around the Net Archives