PORTSMOUTH have a fourth owner of the season after a takeover by Hong Kong businessman Balram Chainrai was confirmed today - and the club could have a fifth before the year is out.
PORTSMOUTH have a fourth owner of the season after a takeover by Hong Kong businessman Balram Chainrai was confirmed today - and the club could have a fifth before the year is out.
Chainrai's company Portpin have taken a controlling interest in the club from former owner Ali Al-Faraj after exercising a clause in their agreement over a �17million loan made to the Saudi.
However, Chainrai's aim is merely to stabilise the club before selling it on to new owners in order to recoup his investment.
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