Premier League investigation could cause further delays in Portsmouth takeover

The English Premier League investigation could cause Sulamain Al-Fahim’s proposed takeover of Portsmouth to fall through, as reported by The Mirror.

Despite the fact that Al-Fahim has forwarded all documentation as requested, the Premier League subsequently decided to delve into misleading statements made by the billionaire.

In the early stages of the process, Al-Fahim claimed that the takeover would be funded by a consortium of Middle Eastern and Asian investors – a claim that led outsiders to suspect a collaboration with Manchester City head Thaksin Shinawatra.

However, Al-Fahim’s story later changed, identifying Swiss partnership Falcon Equity as the investment source.

In a third twist, Al-Fahim indicated that he would be paying for the purchase using his own funds, noting that he would also act as the sole investor for the takeover.

Although an ongoing series of delays have since been resolved, the Premier League’s investigation could throw another fork in the road for Portsmouth, who expected the deal to be finalised sometime this week.