Al-Faraj pays up for Pompey

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

Tue, 06 Oct, 2009 - 01:53

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

Former owner Sulaiman Al-Fahim sold 90% of the shares in Portsmouth to Falcondrone Limited, a company owned by Al-Faraj, freeing up funds to pay players and executives.

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CourtsSoccerHeathrowPlace: PompeyPlace: Fratton ParkPerson: Ali Al-FarajPerson: Sulaiman Al-Person: al-Person: Al-FahimPerson: Peter StorriePerson: Ivo GabaraPerson: Alexander GaydamakPerson: Mark JacobPerson: Al-FarajPerson: GaydamakPerson: StorriePerson: JacobEvent: Premier LeagueOrganisation: Al-FarajOrganisation: PortsmouthOrganisation: Falcondrone LimitedOrganisation: -FarajOrganisation: Portsmouth Football ClubOrganisation: Al-Fahim Asia Associates LtdOrganisation: AAAOrganisation: FahimOrganisation: Al-FahimOrganisation: Sky Sports NewsOrganisation: Inland RevenueOrganisation: -FahimOrganisation: Storrie
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