Chainrai may stay on as Portsmouth owner.
Thu 25th Mar 2010 | Clubs Ownership
Portsmouth administrator Andrew Andronikou has revealed that owner Balram Chainrai could stay at the club for the long term.
Chainrai is the fourth owner of the Fratton Park outfit in what has been a turbulent season, with a latest twist coming on Wednesday when the club were given permission by the Premier League to sell players outside of the transfer window.
He became involved in the club last October when he loaned £17million to the Ali Al-Faraj regime before claiming to become operationally influential in January due to concerns about missed payments.
Pompey have since gone into administration and are seeking a new buyer, but Andronikou has indicated that Chainrai is well placed to remain at Fratton Park after a reconstruction process at the club.
"He definitely has the wherewithal and I do believe he has the club's interests at heart, Andronikou said in The Guardian of Chainrai.
"He has given us full support throughout the whole process. At the moment he is the only one who ticks all the boxes."
He added: "Without sounding like his PR agent, they stepped in at the right time.
"Without their involvement the club would have been in dire straights."
Google
Yahoo
Live
del.icio
DiggRelated Articles
Ebbsfleet United Appoint New Chairman
Wed 23rd May 2012 | Clubs Ownership
MyFootballclub have announced today that Jessica McQueen has been appointed as Chairman of Ebbsfleet United Football Club for the coming year following a member vote. Jessica, a member of...
Liverpool fans call for end to 'chaos'
Tue 22nd May 2012 | Clubs Ownership
Liverpool owners have been challenged to publicly explain their strategy for the club by a leading fans group. Spirit of Shankly, who led the protests against the despised former regime of Tom Hicks...
Premier League rule out Rovers investigation
Thu 10th May 2012 | Clubs Ownership
The Premier League have dismissed an MP's calls for an investigation into Venky's takeover of relegated Blackburn Rovers. And the Premier League say they are confident the club will remain financially...
Rangers Administrators Announce Preferred Bidder
Thu 3rd May 2012 | Clubs Ownership
Rangers Administrators Duff & Phelps have announced Bill Miller as the preferred bidder for the Scottish Premier League side. Paul Clark, joint administrator announced the American...
