High Noon in Portsmouth All Week
I’m not even going to try and predict the outcome of the Portsmouth takeover, which has now reached epic proportions, but surely something has to give this week?! With that in mind, today’s blog outlines some of the recent and potential developments without pretending for a second to have the faintest idea how things will turn out!
First, [...]
Portsmouth A Bleeding Victim of the Credit Crunch
I’ve called it the credit crunch because although it is now a full blown recession, it was started by the banks and the banks remain at the heart of it. Portsmouth Football Club know this only too well.
It may be that the agonising, continuous, and extremely damaging delays in this takeover process are being caused not by [...]
Portsmouth Defender Distin to Sign New Contract – Says Redknapp
I have decided to put my optimistic head on again today. I hope the news about Distin is true….what’s that?…..sorry?…..oh I see. It’s not ‘news’, its just Harry Redknapp talking about other clubs’ players during a press conference. Oh well, I’m sure he was just in a reminiscent mood and wishing his old club the best [...]
Paul Hart Named Portsmouth Boss
So, Dr Al Fahim’s takeover is all but complete. Despite this, Peter Crouch is still set to leave and we have Paul Hart as our new (old) manager. Forgive me for making the most obvious comment you will find on the internet today, but this is hardly what we expected back in May when the takeover was announced!
To [...]
Portsmouth Takeover – Due Diligence (almost!) Completed
It ’s been (and still is!) a bit like pulling teeth, but it looks like Dr Al Fahim’s (he deserves to be a Doctor if this goes through) due diligence on Portsmouth Football Club is all but complete. Just thought I’d post a few words today on how I see the situation at the moment.
Unbelievably, [...]
Arsenal Chief Executive Calls for Salary Cap
While Dr Al Fahim haggles with Sacha Gaydamak over the price (nothing to worry about; you view a house then you haggle over the price, don’t you?), Portsmouth remain in limbo with the clock ticking down towards pre season. The collapse of the deal at this stage doesn’t bear thinking about! So while we bite [...]
Johnson Exit to Liverpool Appears Inevitable
Reports in the Portsmouth News today suggest that Pompey have accepted an £18.5m bid from Liverpool for Glen Johnson. You can read the full article here.
This is obviously disappointing, but shouldn’t come as a major surprise. There is consternation among fans, and worry regarding what this says about the current takeover process, but I believe the truth [...]
Portsmouth to be Bought by Arab Billionaire
What a difference a day makes! Twenty four little hours could be twenty four big hours in the history of Portsmouth Football Club.
Dr Sulaiman Al Fahim has agreed a deal to buy the club from Sacha Gaydamak, and a period of due diligence now begins. Assuming that the commercial due diligence process has already taken place (how [...]
Portsmouth’s Future Likely to Become Clearer This Week
With Portsmouth’s season now mercifully over, the endless speculation regarding the club’s future management and ownership which had dominated its second half now gives way to, well, post season speculation! Recent noises from the club suggest that at least there will be some developments soon.
Paul Hart said after Sunday’s game that the managerial situation should be resolved this [...]