Originally Posted by BBC Sport

Portsmouth on brink of takeover


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Portsmouth are close to being taken over by United Arab Emirates businessman Sulaiman Al Fahim, BBC Sport understands.

Al Fahim was the frontman when Abu Dhabi United Group took over Manchester City in September 2008.

He is believed to be a guest of Pompey owner Alexandre Gaydamak's at the Champions League final in Rome where the two held talks.

Pompey are refusing to confirm any takeover of the club at this stage.

But Gaydamak stated late last year that he wanted to sell the club last December.

He revealed had rejected two offers for the south coast outfit as he wanted to sell to a buyer who would be committed to funding a new stadium and training ground for the club.

Gaydamak initially bought into Pompey as joint owner in January 2006 when he struck a deal with then-chairman Milan Mandaric.

He then bought out Mandaric, who now owns Leicester City, for about £32m to take full control of the club.

The Franco-Russian has enjoyed the club winning the 2008 FA Cup during his ownership but said he could "no longer invest the time required to oversee the running of the club".