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Official statement on Storrie's consortium

Pompey have just released an official statement on The Pompey Site about Peter Storrie's consortium in talks with Sacha about taking control of the club.

It says SAF may partner them through Al Fahim Asia Associates.

The Statement read: 'A new consortium led by chief executive officer Peter Storrie is in negotiations with the owner of Portsmouth FC to buy the Premier League club.

'The group is very positive about the talks and are confident that the deal can be completed.

'Sulaiman Al Fahim may partner the new consortium through Al Fahim Asia Associates.

'The necessary Premier League regulations and requirements regarding beneficial ownership will be complied with.

'No further comment will be made by the club until any purchase is complete.'


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The Journalist

Writer: pompeyrug Mail feedback, articles or suggestions

Date:Wednesday August 19 2009

Time: 5:18PM

Your Comments (oldest first)

Change to most recent first
'No further comment will be made by the club until any purchase is complete.' No clue to a date then.
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19/08/2009 17:24:00

i still think that nothing will be confirmed until after the transfer window closes, then we will see movement in janaury - in the meantime lets hope that this group can 'forward' some money to bring in a couple of players...
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19/08/2009 17:27:00

altho something 'might' happen in time for arsenal...we will see!
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19/08/2009 17:27:00

so this is gonna take ages then !!!!??? they keep us hanging dont they.
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19/08/2009 17:28:00

thats the main thing SHOW US THE MONEY !!!! give hart 10million to spend .. and that will give us a much better chance of staying up.
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19/08/2009 17:31:00

we just have to be more sensible with our cash now unlike twitchy
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19/08/2009 17:35:00

I read "no further comment" as a statement that it will be very soon, I reckon by weekend
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19/08/2009 17:36:00

u wish..
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19/08/2009 17:39:00

I can see what you mean, paul, but why not wait until it is agreed then before the statement?
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19/08/2009 17:40:00

So SAF is "smoke & mirrors" after all, he just doesn't have the money does he! Be interesting to find out who the other investors are. I hope this isn't out of the frying pan into the furnace.
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19/08/2009 17:41:00

Put it this way, if Storrie is involved in "talks" he already knows what Sacha wants, he already knows what needs to be done, and you can guarantee he has already agreed everything with Sacha! He is our non-executive Chairman, he has overseen everything so far, I reckon the "handshake" is all done and wouldn't be surprised if the f&p test is already underway, should breeze it really, he is already in the office!
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19/08/2009 17:44:00

gotta admit i was hoping for closure but ive heard worse news, alot lately. good old storrie.
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19/08/2009 17:44:00

"I read "no further comment" as a statement that it will be very soon, I reckon by weekend" Well I seem to remember them saying exactly that on the original ALF statement and look how long that took!
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19/08/2009 17:46:00

Peter Storrie to the rescue! Good luck to him, hope it comes off sooner rather than later.
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19/08/2009 17:46:00

Although it is good to finnaly here of some truth to 'this over consortium' I still am not entirly happy with this outcome. 'A consortium heaeded by peter storrie'... I do give him credit for keeping us going at times but when it come to the proper crunch times for me, peter storrie just doesn't have what it takes to lead our club. I liked the SAF's plans, it was the stability we needed, with PS at the helm I'm sure what direction we will go. Am interested to know who his backers are though. PUP
bleeding blue
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19/08/2009 17:55:00

yea agreed paul, it sounds the most likely explination to me
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19/08/2009 17:55:00

As far as I can see Storrie is doing all in his power to keep this club functioning! He's been in a horrible situation for a good year now, but is obviously ready to do as much as he can to keep us safe! I think he's a real fan of this club, yep, he's maybe not told us enough on ocations, but sometimes I think we all need to sit back and remember we're all after the same thing, and thats a succesful club! Get in there Storrie!!! I'm right behind you!!!
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19/08/2009 18:03:00

They already know we have waited very patiently and I also take take the clubs statement as a deal is imminent,they are not going to risk the wrath of the fans by keeping us waiting another 6-8 weeks,the more us fans get *****ed off the less likely we will be in turning up on matchdays,(well some fans anyway),plus it affects other income such as shirt and merchandise sales,we are short of a few bob as it is so they cant afford for the fans to revolt can they,its a done deal,storrie hinted as much,"wait and see,wait and see" was his words.Ywo possible investors are david dein and the german bloke.
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19/08/2009 18:03:00

According to other Pompey boards the consortium could be pretty staggering -11 of them so avoiding the Fit & Proper test for those with 10% +share in club Worth 50 Billion combined: 60% - Storrie Consortium 40% - German Consortium (Headed by Holger Heims) Storrie Consortium = Richard Li, Lee Shau Kee and Zhang Zhixiang German Consortium = Martin Viessmann, Stefan Quandt, Axel Oberwelland and Wolfgang Herz. Directors = Peter Storrie, Holger Heims, David Dein and Sulaiman Al-Fahim
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19/08/2009 18:14:00

i want to hear what saf has to say about this... whats the betting it'll be "takeover still on track"... again..
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19/08/2009 18:16:00

Perhaps he's got a tape recorder stuffed up his jacksie (as Steptoe would say)
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19/08/2009 18:23:00

I gotta get my head around this. I absolutely don't trust Peter Storrie. I hope twitchy isn't in there somewhere....
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19/08/2009 18:43:00

story was saying the other day that sasha put money for transfers up before he took over ... so WHERES THE MONEY STORY !!! 20million on players will cheer pompey fans up.. i think PAUL HART will not waste money and with a few million can bring in some top talent.
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19/08/2009 18:46:00

with no money he will get a few more defensive midfielders....
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19/08/2009 18:50:00

Did you make some of those names up, yellowcheesemonkey?
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19/08/2009 18:58:00

I'm with gandor, here. PS is big mates with Jamie's dad and I can't help but wonder.......
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19/08/2009 18:59:00

If yellowcheesemonkey is right we will be like the Co-op!! As long as they have the necessary financial clout though do we mind?
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19/08/2009 19:01:00

CheesyMonkey.. A number of the names on your list have been on my German list for a while...Haow long have I been saying it ?.. I'm not convinced by David Dein though.. Unless it is purely for investment.. He's Arsenal through and through ..
Report Abuse
19/08/2009 19:40:00

these people in YCM list are amazing..seriously rich men...hiems and SAF appaarenetltly tried to buy Chelsea..
plymouth graham
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20/08/2009 01:07:00

Don't give a rats who's in the consortium (though David Dein participating does sound ridiculously far fetched). Just get it done. As for SAF. I've a hard time believing he'd be out shaking hands with fans in a parking lot off Frogmore Road on Saturday only to be disappearing in to the ether by the following Wednesday. It may be that all along, he had planned to buy the club himself now only to sell off parts to a consortium later on, but now that his back's against the wall, he's getting Storrie to "facilitate" stuff sooner rather than later. In any event and whatever we might think of Storrie, at least he's stepping up to the plate.
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20/08/2009 02:25:00

The SAF news was broken in May at a good time to get people to buy season tickets after a pretty hopeless season. I wonder if they knew then that he wouldn't be sole owner (obviously PS has not just phoned a few mates over the weekend to get a consortium together) but that the story was needed in order to shift ticket units.
Report Abuse
20/08/2009 07:36:00

According to tribal via newsnow via the sun....phew!..YCmonkeys list is accurate...I just think the reporterhas read this site...
plymouth graham
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20/08/2009 11:02:00


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