Pompey hold investment meetings

Storrie concentrating on finding new finances on behalf of Al Faraj

Last updated: 21st December 2009   Subscribe to RSS Feed

Pompey hold investment meetings

Storrie: Fundraising mission

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Portsmouth chief executive Peter Storrie has held discussions with parties from Australia and Hong Kong as he attempts to find new investment for the club.

The finances of the Premier League's bottom side has been one of the ongoing stories of the season, with Pompey having had three different owners since the summer.

Ali Al Faraj is the majority shareholder at present, but players and other members of the club's staff were late to receive their wages for November in a repeat of an identical scenario at the end of September.

Pompey issued a statement in the last month to deny that they were on the brink of administration, but Storrie has still been asked by Al Faraj to find new funds.

"I have already had meetings with people in Australia and Hong Kong and we will see how that develops," Storrie told The News. "We are still talking to several people and there will be more meetings over the next week and into the New Year.

"Ali wants what is best for this football club and he has asked me to do this. He is very keen for additional investment into the club and I am hoping things can happen.

"I am now concentrating on that. I have done it before with both Sulaiman Al Fahim and then Ali being brought on board. Now I am trying to do it again and will continue to work hard on that task for the good of this club.

"I am doing everything possible to help, I can assure the fans of that, and hopefully there will be some positive news. At this moment in time, I cannot guarantee one way or the other whether an investor will be found. It would not be right for me to speculate. However, I am optimistic."

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