Chainrai keen to stabilise then sell

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.

Chainrai’s company Portpin have taken a controlling interest in the club from former owner Ali Al-Faraj after exercising a clause in their agreement over a £17m (€19.4m) loan made to the Saudi.