Portsmouth continues to seek new investment

English Portsmouth chief executive Peter Storrie is focused on looking for new investment and is optimistic about the chances of finding something. The Fratton Park club owned by Ali Al Faraj is having a financially difficult time with there being speculations of administration following two delayed staff payments.

Storrie told The Times, "I have already had meetings with people in Australia and Hong Kong and we will see how that develops. We are still talking to several people and there will be more meetings over the next week and into the New Year. Ali wants what is best for this football club and he has asked me to do this. He is very keen for additional investment into the club and I am hoping things can happen. I am now concentrating on that. I have done it before with both Sulaiman Al Fahim and then Ali being brought on board. Now I am trying to do it again and will continue to work hard on that task for the good of this club. I am doing everything possible to help, I can assure the fans of that, and hopefully there will be some positive news. At this moment in time, I cannot guarantee one way or the other whether an investor will be found. It would not be right for me to speculate. However, I am optimistic."