Owner number four for Portsmouth

HONG Kong businessman Balram Chainrai has become Portsmouth's fourth different owner of the season.Chainrai has bought 90 per cent of the club's shares from previous owner Ali Al Faraj but is believed not to be interested in remaining as the owner at Fratton Park in the long term.

HONG Kong businessman Balram Chainrai has become Portsmouth's fourth different owner of the season.

Chainrai has bought 90 per cent of the club's shares from previous owner Ali Al Faraj but is believed not to be interested in remaining as the owner at Fratton Park in the long term.

Chainrai, who lent the Pompey board between �15m and �20m earlier this season, has reportedly invoked a clause in the loan contract he struck with Al Faraj this year giving him the right to take over should they default on payments to him.


You may also want to watch:


Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter