| Kippreport.com

Sulaiman Al Fahim takes over Portsmouth FC

August 26, 2009 2:39 by kippreport

Sulaiman Al Fahim has announced that he has bought Portsmouth Football Club, reports The News, run by Portsmouth.co.uk.

“Devondale Investments, the current owner of Portsmouth FC, and Al Fahim Asia Associates Ltd. (AAA), a company fully owned by Sulaiman Al Fahim, Chairman of the Board of Portsmouth FC, have reached an agreement whereby AAA has become the new sole owner of the Club,” said a statement sent by Ivo Ilic Gabara, Al Fahim’s spokesman.

“Sulaiman Al Fahim welcomed this agreement and looks forward to helping the Club build on its impressive history and achieve new successes in the Premier League.

“The chairman of the club would like to extend his gratitude to the players, staff and supporters of Portsmouth FC who have shown an extraordinary level of commitment and loyalty to this great club.”

Tags: football, investment, Portsmouth, Sulaiman Al Fahim