Portsmouth have a fourth owner within six months after a takeover by Hong Kong businessman Balram Chainrai was confirmed today – and the club could have a fifth before the season is out.

Portsmouth manager Paul Hart has been assured he will have money to spend in the January transfer window following Ali Al-Faraj’s takeover of the club.

Saudi businessman Ali Al-Faraj has completed his takeover of Portsmouth, the club confirmed tonight.

Portsmouth owner Sulaiman Al-Fahim expects to receive an offer for a majority stake in the club from a consortium led by Saudi property tycoon Ali Al-Faraj today.

AFTER a summer of almost unrelenting misery, autumn appears to be yielding fresh hope at Portsmouth.