Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Russian consortium in takeover talks with Portsmouth FC

Tue 8th Feb 2011 | Clubs Ownership

Portsmouth Football Club are in talks with a Russian consortium Convers Sport Initiative (CSI), with an interest in buying the club.

It’s understood that CSI, who are involved with Ferrari Russia and the Spartak Moscow ice hockey team, were behind a failed bid for Bournemouth last summer.

CSI co-owner Chris Akers told The Portsmouth News: "We've held talks with several clubs, including Portsmouth FC.

"However we cannot comment any further on the status of these negotiations."

In the statement released to The Portsmouth News, CSI chairman Vladimir Antonov added: "If we do acquire control of a football club, we will dedicate our collective knowledge, skills, contacts and appropriate resources to make the chosen football club successful. This will always be our priority.

"This accumulated experience and knowledge will benefit the selected football club, its players, employees and partners involved, but most of all - the club's loyal fans and the community."

The news could come as a welcome surprise to some Portsmouth supporters, who have been dissatisfied with Balram Chainrai as Pompey boss since his arrival at Fratton Park in February 2009.

The Hong Kong businessman, who is believed to have invested £17m into the club, triggered fans' concerns when he confessed he was not the right man to take the club forward in the long term.

RETURN TO LATEST NEWS SECTION

 

SUBSCRIBE TO THE F.C. BUSINESS RSS FEED

 

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Mike Ashley Puts Newcastle United Up For Sale

Tue 17th Oct 2017 | Clubs Ownership

Mike Ashley has formally announced his intention to sell Newcastle United. In a statement released on Monday evening, it was announced that owner Mike Ashley was looking to sell the club by Christmas...

EFL To Consider US Style Interventions At Troubled Clubs

Thu 21st Sep 2017 | Clubs Ownership

Giving the EFL unprecedented American-style powers to take over the running of clubs in crisis will be on the agenda when clubs meet today to discuss how the situation which ravaged Leyton Orient can...

Ossett Albion Takeover Brings Readymade Academy

Wed 13th Sep 2017 | Clubs Ownership

The founders and directors of Unita, a local based facilities management company, have taken the reigns at Ossett Albion in a move which sees the EVO-Stik North club inherit a ready-made football...

Southampton Secures Chinese Investment Partners

Mon 14th Aug 2017 | Clubs Ownership

Southampton Football Club has announced the formal conclusion of talks which will see Chinese businessman Mr Jisheng Gao take a stake in the Premier League club. In a letter to fans issued on Monday...