LONDON: Portsmouth’s new owner Sulaiman al-Fahim is to sell the majority of his holding in the Premier League club to a member of one of Saudi Arabia’s wealthiest families, he was quoted as saying yesterday.
The Observer said Al-Fahim told the newspaper that a deal with Ali al-Faraj, a property investor with a personal holding in petrochemical giant Saudi Basic Industries Corp (SABIC), would be completed within days.
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