28 May 2009

Abu Dhabi billionaire signs deal to buy Portsmouth

6:31 am on 28 May 2009

The Abu Dhabi billionaire Sulaiman al-Fahim is reported to have signed a deal to buy the English Premier League football club Portsmouth.

According to a Dubai-based business magazine, Fahim and Portsmouth's owner have been finalising the deal in Rome, the venue for this morning's Manchester United-Barcelona Champions league final.

Fahim is a board member of the Abu Dhabi company which bought Manchester City last year.