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Page last updated at 15:16 GMT, Tuesday, 1 September 2009 16:16 UK

Al Fahim has high hopes for Pompey

Sulaiman Al Fahim
Al Fahim has been Portsmouth chairman since July

Portsmouth owner Sulaiman Al Fahim has outlined his plans for the South Coast club after taking over at Fratton Park last week.

The Arab businessman became the club's sole owner after a buy-out believed to be worth around £60m.

Al Fahim, 32, agreed to buy Pompey from Alexandre Gaydamak in May and became chairman in July, after passing the Premier League's fit-and-proper-person test.

In an interview with Radio Solent, Al Fahim said: "To be realistic we need a new ground and we want to strengthen the squad and the academy.

"Hopefully we can have a new stadium in place by 2015 or 16. We would like to be a top-eight club by that time."

Al Fahim claims that he was concerned when he heard a rival consortium was preparing a bid for the club.

I would like to keep Paul here. He is a great manager

Portsmouth owner Sulaiman Al Fahim on manager Paul Hart

"Last week I was worried, there was a new consortium coming in that I had not been aware of," he said.

"I always like a challenge and that particular challenge encouraged me to complete the deal faster. I never thought about walking away. I love the club and I love the fans."

The rival consortium was headed up by chief executive Peter Storrie but Al Fahim says he has no problems continuing to work with him.

"Peter Storrie has been here for seven years. He is the right man for the job. He has the club's best interests at heart," he said.

"If I was chief executive of a club I would have done the same thing."

Storrie himself seemed unsure last week whether he would be able to work alongside Al Fahim saying he was "very, very disappointed" by Gaydamak's decision to sell the club to the Arab.

606: DEBATE

Portsmouth currently sit in 20th place in the Premier League, having lost their first four games.

"It is very important to stay in the Premier League. We've had a very tough start to the season. Hopefully we can start again now," he said.

Al Fahim has given his backing to manager Paul Hart, saying: "I would like to keep Paul here. He signed a two-year deal with us in July and I want to support him by bringing more new players here. He is a great manager."

Asked whether he thought David James could be moving away from Fratton Park, Al Fahim said: "I hope he doesn't go, he is a good player. I want him to change his mind."

Portsmouth have been busy in the transfer market since Al Fahim's takeover with Michael Brown, Jamie O'Hara and Kevin Prince Boateng amongst a host of new faces at the Hampshire club.



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