Pompey Next For Takeover?

Last updated : 14 September 2008 By Jim Bonner
Portsmouth FC is being targeted for an Arab takeover as Sacha Gaydamak is looking to sell, according to a report in the Sunday People.

A mystery group has expressed an interest in buying the club according to The People, who also "confirm" that Gaydamak is willing to sell up as the new stadium project is taking too long to come to fruitition.

With Manchester City having been bought out by Arabs recently, it could set a trend with more middle-eastern billionaires wanting a piece of the very rich Premier League pie.

I am treating this as stupid speculation until something more concrete is revealed. I can't understand why Sacha would be willing to sell as he seems completely dedicated to the new stadium development but then stranger things have happened, especially at this club.

This may not necessarily be good news if it this rumour turns out to be true as such takeovers can't be good for the English game and it will just become a complete joke.

Hopefully nothing will come of this....