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Sulaiman al-Fahim says his work at Portsmouth is not finished yet
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10.7.2009 |
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Sulaiman al-Fahim said he will become a global ambassador for Fratton Park having sold 90% of Portsmouth this week. Fahim, the 32-year-old Dubai-based businessman who is now non-executive chairman of the club, also claims he may buy back into Portsmouth in the future.
Of his ambassadorial role he said: "My job is to brand the club around the world, go to India, Asia, the Middle East and to Africa, build academies, bring players and create a new base. And at the same time work with the current development of the squad and construction of [a new] stadium."
Fahim, who has retained 10% of Portsmouth, said in an interview with the Guardian that a sum of £50m he says will be available to him from the end of next week could be utilised by the new owner, Ali al-Faraj, should he wish to invest it into the club.
"I want to be 10% shareholder forever and whenever needed I can increase my share," said Fahim "My £50m, if they want to use it, then of course it will add to my shares. If they want to keep the 90 [per cent holding] they will not use it. The club will always have the ability to use the finances I have created and brought in, which will be ready by the third or fourth week of October."
Despite a turbulent ride as the owner of a Premier League club for the shortest-ever term, Fahim retains his enthusiasm for English football. "Finally I can sit down with the fans again," he said of the sale. " I don't like to watch the game from the [directors'] box.
He does, though, have one regret. "It would have been much better for me to sell the club after giving them the £50m. I'd be feeling much better. Its only two weeks [until money is available]. But sometimes two weeks has such high value."
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Source:www.guardian.co.uk |
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