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PORTSMOUTH NEWS

Due diligence completed on Pompey takeover?

July 13, 2009

Sulaiman Al Fahim's £60m Portsmouth takeover is close after he completed due diligence, according to reports.

Sulaiman Al-Fahim

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Sulaiman Al-Fahim: Stalled deal at Pompey.

The Arab property tycoon has spent nearly a month poring over Pompey's books, and reports on the south coast suggest that process is at an end.

Portsmouth paper The News claim Al Fahim's advisor, Ivo Ilic Gabara, has confirmed due diligence has finished as his takeover bid inches ever closer.

The Premier League last week started their fit-and-proper-person investigation into Al Fahim.

Pompey expect that process to take a week, although reports suggest it could take nearer a fortnight.




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