Thursday 2 July 2009

Who is buying Portsmouth FC?

There has been much speculation about who is actually buying Portsmouth. The only way to clear this up is to rely on the statements of Al Fahim himself. When the news broke at the end of May he gave an exclusive interview to the arabianbusiness.com. In it he said:

However, let me be very clear in saying that my involvement in Portsmouth has nothing to do with Hydra. The money for the Portsmouth FC acquisition and the needed future investment has been raised through the network of Falcon Equity from Asian and Middle Eastern investors. None of these investors are from the real estate sector or part of a royal family.

http://www.arabianbusiness.com/557045

There have been subsequent statements suggesting he will go-it-alone but our understanding is that Al Fahim is indeed working to pull together a 'network of investors'.

No comments:

Post a Comment