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Pompey Sold

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Pompey Sold After Deal Secures Club's Future Portsmouth FC has been sold to a Hong Kong businessman after the club was rescued from the brink of collapse. Pompey said in a statement that… Read More
nicster08 Avatar
6y, 8m agoPosted 6 years, 8 months ago
Pompey Sold After Deal Secures Club's Future

Portsmouth FC has been sold to a Hong Kong businessman after the club was rescued from the brink of collapse.

Pompey said in a statement that the club has been sold to Balram Chainrai by the administrators.

The sale came after former owner Sacha Gaydamak agreed to sign a deal with the club over cash owed to him.

Under the agreement, Portsmouth will pay Gaydamak £2.2m in instalments over the next five years.

Gaydamak said there had been unnecessary scaremongering over the future of the club...

...link to full story in 1st post
nicster08 Avatar
6y, 8m agoPosted 6 years, 8 months ago
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Comments/page:
[mod]#2
glad to see they are still here - well done pompey :)
[mod]#3
Apparently Chanrai bought the club for £2.5m............what's the betting he's bought it to try and sell for a quick profit.
#4
nice to see them saved

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