Thursday 9 July 2009

Sticking points for takeover

More information is emerging about sticking points of the Portsmouth FC takeover by Al Fahim. Following the review of the accounts the £60m price tag is under review with the main focus believed to be on two key areas:

The responsiblity for the repayment of £36 million debt to Standard Bank - due in two instalments, on Aug 31 and Sept 12.

Gaydamak's desire to have all debts repaid and to achieve a financial 'clean break' from the club.

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