Posted by:
lexlimbu
February 5, 2010
Nepali Businessman BUYS ENGLISH FOOTBALL TEAM - 17 MILLION!!
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Hong
Kong-based businessman Balram Chainrai, who is of Nepali origin but has
a British passport, became the fourth owner that Portsmouth have had
this season, the English Premier League club confirmed on Thursday.
Chainrai's company, Portpin, took a controlling interest in the
financiallystricken club from Ali Al-Faraj after exercising provisions
linked to a 17-million-pound loan it made to the former owner, a Saudi
Arabian based in British Virgin Islands.
Well Done Uncle. lol
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