'Dr' Sulaiman al Fahim (merged)

RealMancsAreBlue

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Sugar daddy leaves sour taste

You smelled a rat as soon as Sulaiman al Fahim pitched up at Manchester City.

Described erroneously at first as a billionaire, Al Fahim did little to correct the impression.

In fact, a bloke whose main claim to fame had been hosting the UAE version of "The Apprentice" was no more than the initial frontman for real bankroller Sheikh Mansour.

But that didn't stop him shooting his mouth off, demanding City win the Premier League within three years and boasting the club would be bigger than Real Madrid and Manchester United.

Then came hysterical claims Fernando Torres and Cesc Fabregas were on the shopping-list while a £134million bid would soon be tabled for Cristiano Ronaldo.

I wrote at the time that all this sabre-rattling bravado and general showing-off was the last thing City's new owners needed.

That if they wanted to avoid falling into the trap that had made Chelsea so unpopular, they should get rid of Al Fahim and tread a little more carefully - and modestly.

Within a week, he was on his bike. Only to turn up at Portsmouth.

How he ever got in there, God knows. How he ever passed the Premier League's Fit and Proper Persons Test is an even greater mystery.

It was originally claimed he had covered Pompey's £60m debts, though people close to the club estimated he had bought in for just £5m.

Amid escalating doubts, he met worried Pompey supporters recently, buying time (maybe, the only thing he CAN afford) by claiming £50m of investment would be on its way in "two to three weeks".

Now it seems he can't even pay the players' wages.

Confirmation of this came in a club statement yesterday where it emerged that, in fact, it was the executive directors - Peter Storrie, Tanya Roberts and Roberto Arondo - who had secured funding to ensure the players are paid.

The club then made the point that "a more permanent financial solution needs to be found quickly".

Then came the most damning indictment of all - that "the responsibility to deliver remains with the owner".

Some may draw the conclusion Al Fahim might be a bit of a fantasist.

That a man who, in his TV role as the UAE's Alan Sugar was purported to have rubbed shoulders with Pamela Anderson, Demi Moore and Leonardo di Caprio, might have a fondness for the smell of the greasepaint and the roar of the crowd. Plus a hole in his pocket.

Poor old Pompey, who only last year won the FA Cup.

Now all their best players have been sold, they are bottom of the Premier League without a point and they haven't got a pot to pee in.

As beleaguered chief exec Storrie admitted: "All of the money from the transfers and Sky TV has gone straight to the Standard Bank. There is no money left."

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What a situation for all those loyal fans who even cheered the team off after their gutsy but eventually fruitless display against Everton at Fratton Park last Saturday.

Ah, yes, Fratton Park, the most dilapidated ground in the Premier League.

It was only two years ago that previous owner Sacha Gaydamak had announced grandiose plans that would see the club leave Fratton and build a new 36,000-seater stadium on reclaimed land in the Portsmouth docks.

It would include one million sq feet of residential units, restaurant and leisure facilities and the complete bill would be... £600m!

Poor old Storrie went along with it, claiming: "Portsmouth is moving into a new dawn with the backing of Alexandre Gaydamak."

I said at the time it was yet another glorious Pompey pipe-dream.

As for the new dawn, the lights have gone out. And Gaydamak has gone.

And, in his place, a man often styled Dr Al Fahim after collecting a Ph.D in real estate management from a school of business at Washington University. Except it's claimed the school has no such programme.

Not that it would be the first case of mistaken identity down on the South coast.

Back in 1996, then Southampton boss Graeme Souness received a phone call from someone claiming to be Liberia's world player of the year George Weah.

He sang the praises of his cousin Ali Dia and his pedigree as a star performer for Paris St Germain and Senegal. In fact, it was Dia's agent.

He appeared in one game against Leeds, coming on as a 32nd-minute sub - and being replaced 21 minutes later after a suitably "dire" display.

He came in for treatment the next day and then disappeared. Many Pompey fans will be hoping Al Fahim does the same.

<a class="postlink" href="http://www.thesun.co.uk/sol/homepage/sport/football/2664747/Sugar-daddy-leaves-sour-taste.html?OTC-RSS&ATTR=Football" onclick="window.open(this.href);return false;">http://www.thesun.co.uk/sol/homepage/sp ... R=Football</a>
 
Re: 'Dr' Sulaiman al Fahim The Bullsh*tter ?

cant believe what is going on there.pompey fans must be in shock.
 
Re: 'Dr' Sulaiman al Fahim The Bullsh*tter ?

More, this time from the Daily Mail, even more is revealed about his 'credentials'

Whether he is driving Pamela Anderson around in his Lambourghini, attending film premieres with Demi Moore and Leonardo DiCaprio, or signing up expensive golf course contracts with Greg Norman, the controversial business career of Portsmouth owner Sulaiman Al Fahim has been played out in front of the cameras.

But, behind the glitzy exterior, who is he? Unlike the Sheiks who rule Dubai and Abu Dhabi, the 32-year-old did not inherit great wealth; his father was a pharmacist who, along with Al Fahim's mother and brother, died tragically in a car accident in 1998.

His education was completed in America where he achieved an MBA in finance and real estate, put to use later as the chief executive of Hydra Properties.

'The most important thing you need is a brand. And people have to trust in you. Simple as that,' wrote Al Fahim in his book Brand Builder. He was describing the secret of selling houses and office blocks off plan to investors, who were seduced by Al Fahim's media profile and the company's endorsement by Sheik Tahnoon al-Nahyan, son of the country's former ruler.

This cocktail of fame and royal credibility allowed Al Fahim to pursue a strategy he called his 'infinite rate of return', whereby money is taken from investors and used as the marketing budget for other property developments. He exploited a land rush from foreign speculators who were happy to buy on the basis of computer-generated mock-ups, in the hope of then 'flipping', selling just before they come to market.

'There was a feelgood factor which Al Fahim was very much part of,' said Stephen Rumney, an Englishman who went to Abu Dhabi to compete in Al Fahim's Apprentice-style reality show, Hydra Executives. By selling in this way, he says, Al Fahim 'unleashed a monster'.

Behind the scenes, however, things began unravelling. 'They were not keeping track of the paperwork,' said Jeff Hoskins, who worked for Hydra. 'There were boxes of contracts sitting around which hadn't been processed.

'Meanwhile, they were creating more and more big property projects - they had around 25 or 30 on the go or on the drawing board, most of which did not have construction dates confirmed.'

This inefficiency was compounded by the fall in property prices following the economic crisis in 2008, leaving investors angered at the lack of progress of the developments they had bought into.

'He's not a business genius, he was just here at the right time and had the right backing,' said a journalist working in Abu Dhabi. 'He used investors' money to generate a marketing machine that was as much for himself as the company.'

The pinnacle of this was the reality show that placed Al Fahim in the Sir Alan Sugar role, a persona he used as a calling card when he fronted Sheik Mansour's takeover of Manchester City last year.

Its winners were Richard Best, an American architect, and Hannah Dodkin, a 30-year-old former plumber from Wells in Somerset. Dodkin told Sportsmail the pair have yet to receive a penny of the $1million prize money for triumphing on the show.

'The money doesn't go into our pockets,' she said. 'It is in the form of an investment opportunity. The contract we all signed said we could win "up to" $1m to invest in our own company. That's a pretty loose arrangement.' Dodkin added that she had been told this was typical of business contracts in the UAE, where things, she said, 'tend not to be as legally tight as the UK'.

This non-payment is made more curious by a press release which claimed Best had 'donated $100,000 of his share of the $1m cash prize to the United Nations Intergovernmental Institution for the use of Micro-algae Spirulina Against Malnutrition (IIMSAM)'.

Again, all is not what it seems. IIMSAM is run by Diego Maradona's brother Remigio Martin and algae is a potentially lucrative source of biofuel. However, the United Nations deny endorsing the company and its lawyers are seeking clarification of Al Fahim's tendency to refer to himself as a UN Ambassador.

But despite the image, Al Fahim should not be judged too harshly, said Dodkin. 'There is every risk he will be mis-represented in the UK. It will be a while before his true colours show through.

'He is an Arab man with a good sense of what's going on in the west and with a very good sense of humour. He's a good, fun guy to be around'.

Pompey fans will hope she's right.

Read more: <a class="postlink" href="http://www.dailymail.co.uk/sport/football/article-1217575/Portsmouth-owner-Al-Fahim-Is-seems.html?ITO=1490#ixzz0Sjpg9PUB" onclick="window.open(this.href);return false;">http://www.dailymail.co.uk/sport/footba ... z0Sjpg9PUB</a>
 
Re: 'Dr' Sulaiman al Fahim The Bullsh*tter ?

Been saying it for ages now - but I'm so glad this guy doesn't have anything to do with us anymore. First weeks of the takeover his picture and name was all that appeared, crappy journalism lead to him time and time again being written as our owner. So annoying after that interview where he said he would buy every player there is pretty much. Honestly I think a whole lot of the negativity towards us in the media is due to Al Fahim.
 
Re: 'Dr' Sulaiman al Fahim The Bullsh*tter ?

I fear for Pompey I really do, this guy is bad news.
Why oh why did Sheikh Mansour get this clown to front his takeover of City last year I'll never know :-/
 
Re: 'Dr' Sulaiman al Fahim The Bullsh*tter ?

PoolHustler said:
Why oh why did Sheikh Mansour get this clown to front his takeover of City last year I'll never know :-/

Good question, I'm sure there's a reasonable answer.

I think this looks good on us though. When we had the takeover we looked stupid cos people were saying that City were after signing Torres, fabregas, tranny etc and that we were stupid because there was no chance we could actually sign those players. They now know that it was just fahim who was talkin all that crap, and that we distanced ourselves from him sharpish
 
Re: 'Dr' Sulaiman al Fahim The Bullsh*tter ?

Just an idea, dont take this the wrong way people, but does anybody think that Al-Fahim just got cold feet, and that this hospital thing could be a publicity stunt to make a runner, so he can avoid all the problems surrounding Pompey? Just wondering....
 
Re: 'Dr' Sulaiman al Fahim The Bullsh*tter ?

he is having an exploratory op to find out why he has a voice box in his @rse. someone should email this guy and tell him manyoo maybe up for sale.
 

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