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Portsmouth Denies Cash Crisis Talks

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Portsmouth have lashed out at “speculation claiming the club were on the verge of going into administration.

   The Premier league outfit have suffered a difficult season on and off the field, with three owners and two managers already in the 2009-10 campaign.

Owner Ali AI Faraj took over from Sulaiman AI Fahim and has pledged to support new boss Avram Grant as he looks to guide the club away from the relegation zone.

There were reports in several national newspapers that the club were facing the threat of administration and that chief executive Peter Storrie had left his post.

But Pompey have issued a statement denying the reports and are confident that AI Faraj’s backing will help the club recover from their current position.

“The owner and board of Portsmouth Football Club are disappointed at recent inaccurate media.

Speculation regarding the club’s finances and the threat of administration,” a statement on the club’s official website read.

“Ali AI Faraj and his associates took over the running of the club and inherited a business that had substantial debts. Dealing with the finances has been the priority since AI Faraj came in to pay the players before taking over the club from Sulaiman AI Fahim.

“The club is not going into administration. If that were the case it would have happened at the end of September or early October.

“This week alone, HM Revenue and Customs were paid #2m and other historical arrears are being dealt with on an ongoing basis.

“The new owner has not had the benefit of TV revenue to aid the club, with the next major instalment due in January. However, he and his associates have already invested substantial funds to keep the club operating and will continue to do so.

“The owner remains committed to the club and has shown that through his investment to date. He will also provide manager Avram Grant with all the tools he needs to ensure the club reaches a position the players’ performances deserve – away from the relegation zone.

“Despite media rumours Peter Storrie remains chief executive and has been holding talks on behalf of the club in other parts of the world.

“Much is happening behind the scenes but constant malicious rumours and speculation do not assist with the proposed major long-term funding that is currently being put in place.

“Finally, we would like to place on record our thanks for the unwavering support shown by our very loyal fans.”

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Pillar Of Associations Tournament To Welcome Sponsors 

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In a bid to make the Pillar of Associations Rivers state football tournament to become a permanent annual feature in Rivers state football calendar and a veritable platform for alternative career opportunity for Pillar members and members of Rivers football community, the Chairman of the tournament’s Organising Committee, Comrade Franklin Obute has stated that they were open to welcoming sponsorships from corporate entities and well meaning individuals.
Comrade Obute in an interview with news men on a match day at the ongoing competition at the Rivers State University’s ground said that the Pillar of Associations were ready to partner interested parties, who would be willing to invest in the competition through sponsorship towards elevating the quality and standard of the tournament.
According to him, “The Pillar of Associations tournament, due to the opportunities available, owing to the sheer number of businesses and members obtainable in the Pillar, would be a very attractive opportunity to exploit through sponsorship”.
He stated that there would be a conscious efforts toward sensitising the corporate and private environments to buy into the vision and objectives of the tournament. He explained that due to the open nature of the competition, whereby members of the association are allowed to engage any footballer from across the country, whether a business man or not, any sponsor would be able to enjoy unimaginable mileage.
“Every multinational company, private businesses should aspire to be part of the sponsorship of this tournament because there are so much benefits derivable therein, the coverage is very wide. You know that organising a football tournament of this nature is capital intensive, so, any sponsorship to add more value is welcomed”, he said.
The 2025 edition is currently ongoing and has reached the second round stage where matches are now being played on knockout basis, beginning from Friday.

By: Gabriel Nwanetanya

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50th Anniversary: Over 150 Golfers, 11 Countries Set For Ikoyi Ladies  Golf Tourney

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Some of the best golfers across Africa are expected to converge on the Ikoyi Club 1938 Golf Section for the three-day Ikoyi Ladies Golf Tournament holding from November 11 to 13.
The star-studded amateur open tournament is part of the activities lined up by the leadership of the club to celebrate the ladies’ tournament’s 50th anniversary.
Speaking at a world press conference at the Club’s headquarters in Ikoyi, the Ladies Club Captain, Mrs Peggy Onwu, explained that the tournament will offer opportunity for leading amateur golfers across 11 countries of the world to showcase their skills on the green lawn.
According to her, over 150 golfers have already registered for the open tournament, which will attract mouth-watering prizes, including a trophy, a premium ticket to the United States of America, among others.
The event will be preceded by ‘Twilight evening,’ which will see the participants play the golf game towards dawn, in a relaxed atmosphere with cocktails, networking and good music.
She thanked the various sponsors of tournament, including PWC, Delta Airline, Western Star, First EGP, among others, for identifying and keying into the Club’s goals and aspirations as part of their corporate social responsibilities.
Mrs. Onwu added that the event was not only a celebration of resilience, commitment, dedication and sacrifice, but a rare display of exemplary team spirit by all members of the Ladies Golf Section.
Thrilled by the presence of a Nigerian-born Italy- based golfer and fashion icon, Bali Lawal, as well as other professionals expected to grace the tournament, she promised that the tournament will be a memorable outing aimed at mentoring ladies keen on honing their golfing skills.
Speaking in the same vein, Vice Lady Captain, Annie Eimiakhena, explained that the tournament will entail three days of competitive outing showing skills, professional dexterity.
She added that participants and golfers will use the opportunity of the event to network among themselves, while a Masterclass will be held to educate would-be golfers on the dynamics of the game.

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NPFL : Finidi Praises Players  Over Draw Against Insurance

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The Technical Manager of Rivers United FC of Port Harcourt, Finidi George has praised his boys (players) as they ran away with a point in the rescheduled match day nine of the Nigerian Professional Football League (NPFL) against Bendel Insurance.
According to him, before the game, he told his boys that they have to put up a good fighting spirit in the game, knowing that it  will not be easy at the Samuel Ogbemudia Stadium, Benin City.
Finidi said this last Thursday in his post match interview with sports journalists and made available to Tidesports after they secured a goalless draw against  Insurance.
He explained that in the first half, the game was 50-50 but in the second half after 15 to 20 minutes, my players pushed them back, looking for goal but they were able to hold them and got the draw.
“ From onset, I knew it was going to be a difficult game. Yes, we have to defend deep and get something. Kudos to my boys, they put up a good fighting spirit.
“ Despite the host creating good number of chances even hitting the crossbar but I must say that the draw is not a bad result.
“ Wasiu Falolu came closer in the second half but his long ranged shot just went over the bar.
“It  was not a bad result but we have  to move on and see how we can get good results from other matches” Finidi said.

By: Kiadum Edookor

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