Thursday 20 August 2009

Deal to proceed without Al Fahim

Portsmouth FC have announced that an alternative consortium is now in the bidding for the club. Although the official statement has left the door open for Al Fahim to join with CEO Peter Storrie, this arrangement seems increasingly unlikely.

Relationships between Al Fahim and Storrie have been strained lately with Al Fahim's procrastinations a particular cause of irritation. The club needs an injection of funds for player purchases and to takeover existing funds. Al Fahim has struggled to raise the required capital and would bring little of immediate value to the deal. Al Fahim's role in the Portsmouth saga looks like it is coming to an end.

With the Transfer window set to close on 31 August, it is unlikely that any consortium will be able to deliver new player purchases in time.

13 comments:

  1. "Al Fahim's role in the Portsmouth saga looks like it is coming to an end."

    Will this mean you will stop appearing on my news feed for Portsmouth related stories? Will this mean you will politely shut up about Portsmouth?

    I reckon not. Shoddy journalism at its best here. Makes up lies and rumours and hasn't the decency to tell us who they really are. Anonymous Cyber Warrior is who Fair comment is.

    I'll be glad when your angry little, scaremongering site is no more.

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  2. Personally, I'll be happy when Al Fahim is disgraced and fecks off out of the media limelight altogether. The chubby little conman makes me feel nauseous....

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  3. And not sure what lies the editor has made up? I know Portsmouth fans desperately want a knight in shining armour to rescue their club, but pinning your hopes on Al Fahim would be a disaster. Most in the UAE know Al Fahim as the Paris Hilton of Abu Dhabi. Famous but no-one knows what for. The company he was CEO for is an absolute mess, he has blatantly lied about his wealth, education and deliberately mislead regarding him being a UN Ambassador. I'm thinking Al Fahim being embarrassed and turfed out of Portsmouth is the least he deserves....

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  4. M, I wish they would put your statement up on posters all over Portsmouth. I'm sick of Al-Fahim. but I'm not sure if the fault to pompey's troubles is because of him , he has just taken the piss out of a bad situation.
    Storie is also to blame for allowing the club to spend beyond it' means. yet he is still looked upon as a saviour with his new consortium. I want to see the club invested in as a business not a play thing for some bord rich man.

    lets sale the club to David Beckham. he could be the first owner / player in the prem. he could raise the money with all his film star mates. he said he wanted to buy a club well here it is. one of the best. but back to the Arab.....no thanks now stroll on and mess with someone else, we've had enough of you . it will never go away. you will always be known as the fat arab who pissed us about for a whole summer. we will love yo ulike we love jamies dad. and we cant even say his name. your up their with the best. please just go away and leave us alone. PUP 657

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  5. I can assure you Al Fahim will not have a role to play in the new set up (if it comes off).
    He may be allowed to hang around for a while but will be moved on pretty quickly. The deal coming through now has been in development since Al Fahim lost his original backers.

    It's a pity for Al Fahim but that is business, some you win some you lose. Pity the Hydra investors can't accept that.

    Faircomment it seems to me you have lost your inside track on Al Fahim, it may be time to close this blog and start a new one on the Royals, go on you know you want to, don't be scared...

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  6. Does anyone really care about this soon to be conference south team , came on here to read about fahim not some micky mouse outfit you can buy on ebay for £8

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  7. Kenn, you're missing the point. This blog has been spot on all along that Fahim does not personally have the money or the ability to takeover Pompey. Pompey needs a saviour, but this guy was never it. If you followed the Saints administration procedure and takeover problems this summer, you would recognize Fahim as basically the same thing as Fialka. A chancer, a talker, but ultimately full of hot air and bullshit.

    Anyone who knew about Fahim before this Pompey thing came up (I live in the UAE so had see his ugly mug too often in the local press) knew that it was going to be a PR stunt and would probably end in failure. Everything the guy has ever done has ended up a failure. In the UAE, you can 'buy' journalists, especially ones with a proven track record of financial misdeeds like Anil Bhoyrul. But if you believe publications like 'Arabian Business' and their stories about Fahim, then you misunderstand the culture this guy comes from. Arabian Business write stories 'bigging up' the guy, the next day Fahim's agenda changes and the stories are wiped from the record like they never existed.

    All I hope for Pompey is that they end up with a good resolution - Fahim does the walk of shame and crawls away in embarrassment. Then maybe you'll get a real billionaire, of the type who is a doer and not a talker, and who has not achieved what wealth he has by screwing hundreds of investors out of money for buildings that will never be built.

    I know you want to support your club and you're worried that people saying nasty things about a guy who you still believe (irrationally) can save your club will somehow scare him off. But you are wrong. The reason he won't take the club over is because he is a shyster without cash but with a bent for getting his ugly fat face in the papers. When it all goes poo-shaped, don't blame the people who told you the guy was a wrong'un all along for it... blame the club and all the fans who fell for it and gave the guy the adulation and attention he craved, while it wasted valuable weeks Pompey could have spent looking for someone who actually could have saved the club.

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  8. Keep a close eye on the Prince.

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  9. *cough* it appears he is now the owner of the club.

    No updates/lies/scaremongering for 6 days now...

    close this sham of a site down now.

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  10. Time for a new post, surely?

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  11. the creator of this blog is a mug, talk about cat got his tongue, ll this shit that the deal is off and lookat what has happened. I personally dont think fahim buying the club was the best option, however it certainly isnt the worst option. I would appreciate a fair comment from fair comment

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  12. well he was pretty much right, it looked like storrie was gonna get the club, which would have been a better deal, but no, sacha wanted his money straight away.

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  13. Well, as I have said before you win some lose some. We lost Fahim won with some help from the dark side.

    Still the second group may be back at a later date.

    Faircomment, have they silenced you?

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