New Portsmouth owner has 'considerable assets' says chief executive Peter Storrie

06 October 2009 13:09
The takeover was finally completed late last night and, as well as pushing ahead with projects for a new training ground and stadium, a priority will be to improve a team that is currently bottom of the Premier League table. “They seem very fit and proper people, very keen on football,” said Storrie. “They appear to have considerable assets and finance behind them and are immediately putting funds in the club. It’s obviously a very different situation than what the last couple of months have been. “[He seems] very similar to Sacha Gaydamak in many ways; he owns the club but he wants to sit in the background and let the officials of the club run it. He’s not one of those who is going to be out front. “Obviously this is very early days. We have been going 24 hours a day to get this finished. The general principle, yes, he will fund the club. He is very keen to push ahead on the stadium and training ground and obviously January window he wants to improve the side. “I think all those things are going to happen. The whole concentration has been in stabilising the club. They have funds and access to a considerable sum of funds is my understanding. I think anything that is going to be required to help the club, I think is going to be fine.” Of Sulaiman Al-Fahim’s 41 days as Portsmouth owner, Storrie said: “It’s been interesting – it’s certainly given me many sleepless nights. To be fair to Sulaiman, I think he genuinely thought the finance was there and it may well be there and it was a question of time-scale. The club couldn’t wait any longer for the finance.”

Source: Telegraph