Portsmouth has become the second English premier league football club to be owned by investors from the United Arab Emirates.
The club has confirmed a takeover led by Sulaiman al-Fahim, who is the first person to pass the Premier League's new "fit and proper" control for prospective club owners.
Portsmouth also announced that Paul Hart has signed a two-year contract as manager after steering the club clear of the relegation zone in a caretaker role last year.