New owners to back Hart in transfer window

06 October 2009 13:11
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. The Saudi oil tycoon agreed to buy 90% of the financially-stricken Fratton Park outfit on Monday night in a deal which saved Portsmouth from administration. Hart was forced to cash in on the club's biggest names during the summer with England duo Glen Johnson and Peter Crouch sold in order to raise vital funds. Portsmouth are now rooted to the bottom of the Barclays Premier League with just one victory from eight matches, but chief executive Peter Storrie and Al-Faraj's lawyer Mark Jacob have both assured Pompey fans that every effort will be taken to ensure the club remain in the top flight. "Ali is a passionate follower of the Premier League and wants Portsmouth to remain in the best league in world football," said Storrie. "There will be money to spend in January to make sure we do not lose our coveted place in the top flight."

Source: Eurosport