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Yet ANOTHER takeover?!?

Yet ANOTHER takeover?!?

Word on the street for the past week or so has been that ANOTHER takeover at Pompey could be on the cards?

Late in the evening on Monday this talk reached boiling point...

As I was on my way to a Prodigy gig in Plymouth I got a text through asking if I knew anything about a possible Libyan investor/takeover and/or another potential Arabian investor - with it 'said' that the premier league were sounded out by journo's asking the premier league if 'fit and proper persons tests' were being explored, something not confirmed or denied.

After the gig, which was awesome by the way - if you have a chance to see The Prodigy I suggest you do it, I have been lucky enough to see them twice now! - I tried to dig around a bit more and it seems 'something is going on but all will be believed if/when it happens'...

Well, today the media is going into overdrive on this issue with Saadi Gaddafi 'thought' to be very much in the frame!

Saadi is the son of Libyan dictator Colonel Gaddafi...

A 'Pompey source' apparently told The Mirror that a deal is '95% done' as Ali Al Faraj has finally admitted defeat with us and does not want to be known as the man that sees us go 'bankrupt' under his charge: 'Colonel Gaddafi's son Saadi first expressed an interest in taking over from Al Faraj at the end of last year.

'That has gathered pace since the Revenue issued their winding-up order and the deal is 95 per cent done.

'Al Faraj is keen to sell because he knows he cannot afford to finance the debts and does not want his reputation in the Middle East to suffer by presiding over a club that goes bankrupt.

'Saadi is a big football fan and loves the thought of owning a Premier League team.'

You could not write the script for Pompey these days could you?

A former owner with a father who has probably been responsible for God knows what due to his arms dealing, a playboy skint Arabian owner who thought it would be easy (even if he had the best intentions to be fair), another skint Arabian who is seeing us on the verge of extinction and now 'maybe' connections to a dictator who is shrouded with controversy and has a 'murky' past...

To be fair to Saadi Gaddafi he IS a footballing man!

He 'played' - not much though! - as a striker for Italian clubs, I remember this as well, and is a former Libyan international - maybe he could play up font! - with it also said that he is/was a shareholder in Juventus by all accounts.

The News has billionaire John Magnier 'Ireland's leading thoroughbred stud owner and has extensive business interests outside of the horse breeding industry,' with an estimated net wealth of €4 billion in 'the running' (pardon the pun) too?

As the saying goes, the plot thickens...

Oh, and regarding the transfer ban I was told last night that this 'should' be lifted today - then again this has been 'said/thought' before!


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Date:Tuesday January 26 2010
Time: 8:31AM


Good article RUG, Prodigy are good, bet you had a ball!!! As for the rumour regarding Gaddafi, Ill beleive that when I see it, I might have put some more credence into the story, but as it seems to have been started by the Mirror, Im not sure wether to beleive it or not!!! Quite frankly it couldnt really be a bad thing could it? I mean, we need investment quick, so bring it on, I just wonder wether the premier league would have the balls to pass him as fit n proper given whats known about his old man, (I suppose they let Sacha with his ol man being a supposed gun runner) Anything that benefits the club will be fine by me, I like many others just dont want to see our club go up in a puff of smoke!!! Fingers crossed...PUP
26/01/2010 08:55:00
Couple of other papers running the story now, who knows?????
26/01/2010 08:58:00
Another day and more rumours. Please not Gaddafi another excuse for us to be the laughing stock of English Football. As for Magnier that sounds more like it.
26/01/2010 09:00:00
Me and Plymouth Graham have discussed this on the match preview. We have both looked him up on Wiki and at Udinese his career spanned the whole of 10 mins and Sampdoria never played! Still, like you said Rug, he is a football man and if check him out on wiki you will definitely see he is ambitious! Glad you enjoyed Prod, I remember the last time when we went Prod when you were 18 I think, you lost your ring n was there after train to find it ha!
26/01/2010 09:12:00
Gaddafi that is!
26/01/2010 09:14:00
From Wiki: "He signed for Italian Serie A team Perugia in 2003, playing only one match before failing a drug test. He was formerly on the board of the Italian team Juventus, of which 7.5 % is owned by a Libyan consortium but stepped down to join Perugia. He was also captain of the Libya national football team, captain of his home club in Tripoli, and president of the Libyan Football Federation. Al-Saadi joined UEFA Champions League qualifiers Udinese Calcio in 2005-2006, playing only ten minutes in an end of season league match against Cagliari Calcio. He joined U.C. Sampdoria during season 2006-2007, without playing a single match." Sounds like a bit of a butterfly!
26/01/2010 09:15:00
You beat me to it Dazza!
26/01/2010 09:17:00
We can't be fussy & we don't mind as long as the money & heart is there. Just please get someone in.
26/01/2010 09:39:00
I've said it before and I'll say it again...WHAT EVER NEXT?
26/01/2010 09:40:00
Would you rather be wound up or owned by the son of Colonel Gadafi? Man that's a moral minefield...
26/01/2010 09:41:00
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