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Portsmouth agree to takeover bid

27 May 2009 18:39:44

Portsmouth agree to takeover bid

Portsmouth have accepted a bid from United Arab Emirates businessman Dr Sulaiman Al Fahim to buy the club.The move follows negotiations led by Portsmouth executive chairman Peter Storrie on behalf of club owner Alexandre Gaydamak. Al Fahim was the initial figurehead of the Abu Dhabi United Group when they took control of Manchester City last year, but is now acting for himself. The club has not released any details of the figures involved in the deal. Portsmouth will now wait for leg.... read more


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