Peter Storrie confident of Portsmouth deal

24 August 2009 21:15
Storrie is fronting a bid by a wealthy middle-eastern investor hoping to buy-out current owner Sacha Gaydamak and ease the club's grave financial difficulties. [LNB]Portsmouth face a series of repayments on £27 million in outstanding loans in the coming days, the first of which is due at the end of the month. [LNB] Related ArticlesPortsmouth feel the chillBirmingham 1 Portsmouth 0Portsmouth takeover twistPremier League transfersPremier League fixturesTelegraph player raterStorrie spent Monday in talks in London as he tried to finalise the deal, which may end the interest in the club of chairman Sulaiman Al Fahim. [LNB]Al Fahim said in May that he was going to buy the club but his failure to raise finance has prompted Storrie to seek an alternative investor. [LNB]Sources close to Al Fahim said that he would remain involved in the club as a significant stakeholder. [LNB] 

Source: Telegraph