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Portsmouth Again Changed Ownership

Posted on February 5, 2010 
Filed Under Uncategorized

Portsmouth for the fourth time in the last year, a change of ownership. Now they became a businessman from Hong Kong Balram Charnai.

Originally Charnai was just one of the creditors of the club with “Fratton Park. He invested in the club 15-20 million pounds. However, now became known that he bought 90% shares of “Pump” by Ali Al Faraj from Saudi Arabia.

“We Charnai have an agreement with Portsmouth, according to which he may become the owner if the club in time unable to settle with him on the loan. So in his hands, passed 90% of the shares. He put the club 15-20 million pounds, and they do not were returned. So now club belongs to him. ”

“The main thing is that Charnai and former owner Sasha Gaydamak may lose their money invested in the club, if Portsmouth was declared bankrupt. For them, there is a real risk, so they are ready to do everything to support the club afloat – sooobschaet expert BBC .

Added that on Wednesday in a match endured Premier League Portsmouth FC conceded away Fulham, further strengthening its position at the bottom of the fixture list.

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