Berwin Leighton Paisner (BLP) has taken an advisory role on Portsmouth Football Club's ongoing fight for survival. The UK top 20 firm is advising Balram Chainrai, who last week took over a 90% shareholding in the Premier League club after former owner Ali Al-Faraj defaulted on a loan - reportedly worth £17m - to Chainrai's investment vehicle.
February 10, 2010 at 10:37 AM
1 minute read
The original version of this story was published on Legalweek
Berwin Leighton Paisner (BLP) has taken an advisory role on Portsmouth Football Club’s ongoing fight for survival.
The UK top 20 firm is advising Balram Chainrai, who last week took over a 90% shareholding in the Premier League club after former owner Ali Al-Faraj defaulted on a loan – reportedly worth £17m – to Chainrai’s investment vehicle.
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