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Pompey statement - Al Fahim offer accepted!

Pompey statement - Al Fahim offer accepted!

Pompey have officially confirmed that an offer from Sulaiman Al Fahim has been accepted.

The t's still need crossing and the i's dotting but a deal was agreed with the Arabian billionaire in Rome last night according to the Pompey site with the following statement released...

PLAY UP POMPEY!

OFFER ACCEPTED FOR PORTSMOUTH FOOTBALL CLUB

Portsmouth Football Club can confirm that it has accepted an offer from Dr Sulaiman Al Fahim to buy the club.

This follows initial due diligence and negotiations with Portsmouth executive chairman Peter Storrie on behalf of club owner Alexandre Gaydamak.

Peter Storrie concluded the deal with Dr Sulaiman Al Fahim in Rome on Tuesday night.
A period of formal legal and financial due diligence will commence next week so that the transaction can be completed as soon as possible.

The club cannot make any further comment on the future structure of the club until this period has been completed.

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Writer:pompeyrug
Date:Wednesday May 27 2009
Time: 7:46PM

Comments

0
If the rumours about Al Fahim buying us coz the Spinnaker Tower reminded him of home are true, perhaps it wasn't such a waste of taxpayers money after all. Play Up Pompey!!!!
moley2
27/05/2009 20:01:00
0
Fantastic news, been following this since 3pm. This now changes everything. We can look forward to having a lovely summer & a very bright future. Forever Pompey.
storagematt
27/05/2009 20:04:00
0
Agreed -This has been an amazing afternoon..this story came completely out of left field .. Happy days are here again ! (fingers crossed)
yellowcheesemonkey
27/05/2009 20:08:00
0
Just dont know how to feel, I guess I feel numb. Too good to be true! Problem is, my biggest loathing of Chelsea is that they are where they are now due to money, not a solid youth set up producing home grown talent. Hope we dont become one of those teams that are ruining football by offering silly money and obscene wages!!
pompey4me
27/05/2009 20:10:00
0
But then again, maybe I'm just being Victor Meldrew!! and maybe I should be thinking...WOO HOO!
pompey4me
27/05/2009 20:11:00
0
Blimee Matt. We were getting very worried about you. Thats the brightest posting you have made in a year!
Gandor1
27/05/2009 20:13:00
0
no pompey4me, i agree with your first post, lets hope its a steady growth.
ruffcider
27/05/2009 20:14:00
0
I say. Wasn't it kept quiet? Only last week Storrie told us he had an American Consortium he was dealing with, and things were on track for July.! I did wonder whast had happened to the other "far eastern"interested party - and now we know!
Gandor1
27/05/2009 20:17:00
0
cheers ruffcider, you're right yo know, that is how I feel. I've fallen out of love with the game due to players such as Drogba etc, hope we build steadily and bring our own youth through!
pompey4me
27/05/2009 20:17:00
0
spot on simon, totally agree... i know i keep saying the same things but said this in a forum thread:
'im not interested in spending millions and billions and being linked to so and so, lets do things right, bring through players bring in a couple and keep the rest and were laughing... oh and get the ground (redveloped not moved!) sorted out and training facilities - then, all being well we can not only develop players, but keep them too.'


this is fantastic news as it means the 'uncertainty' is gone, we had to be sold, if not we were screwed - billionaire doesnt mean he will plough in millions and millions for players - spend some money on players this summer, get the training ground and redvelopment done and thats a massive plus.
pompeyrug
27/05/2009 20:21:00
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