Mighty Pompey power on as Scummers flounder

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More footie M&A. UAE shrewdie Dr Sulaiman Al-Fahim said on Tuesday that he had clinched a takeover of Portsmouth FC. A full announcement was due later in the day.

Unsurprisingly, Dr Al-Fahim - just 31 and already a billionaire, reportedly - sailed through a fit-and-proper test and can now complete the £60m deal. The Middle Eastern real estate magnate already owns Manchester City, of course. He acquired his honorific with a Ph.D in real estate investment from the Kogod School of Business at the University in Washington. Although this claim has been questioned by a few sceptics.

Sadly, the news was not so upbeat from further along the south coast. At Southampton FC new owner Markus Liebherr has vowed to run the club along what he calls a “business philosophy…”