Summary
The comparison doesn't go very far. Al-Fahim's flagship development project, an upscale community of 2,500 luxury villas known as Dubai's Hydra Village, was supposed to have been completed by December. Financing delays hampered construction, however, and the work ground to a halt before it even began.
He only got halfway through his plan before he ran out of money. By the time he had gutted the squad of the likes of David Nugent, Niko Kranjcar and Sylvain Distin, the banks didn't want to have anything to do with him. He has yet to secure the $86 million he promised to invest when he took over the club, and was unable to pay his players this week. On Thursday morning, after the missed payments, chief executive Peter Storrie admitted there was "no money left" in the club's coffers.They have a similar saying in Glasgow these days. If you're having a bad day and things seem to be falling apart all around you, just utter "Rangers," and the locals will know exactly what you mean. In a season so far defined by manager meltdowns, suspensions and supporter fury, Scottish champions Glasgow Rangers have turned their bid for a repeat into a blooper reel for the ages.See the full content of this document
Extract
Playboy Making a Mess of Champs
Al-Fahim can't pay for Portsmouth dream
Sulaiman al-Fahim is the English Premier League's man of mystery.At 32, he is already one of the most recognized executives in the Middle Eas...See the full content of this document
Sponsored links
