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Page last updated at 11:09 GMT, Friday, 29 October 2010 12:09 UK

Balram Chainrai is named new Portsmouth chairman

Balram Chainrai
Chainrai will attend his first game as chairman against QPR on 9 November

Portsmouth have confirmed the appointment of Hong Kong businessman Balram Chainrai as chairman.

The future of the club had looked uncertain last Friday when negotiations between Chainrai and previous owner Sacha Gaydamak broke down.

However, Chainrai completed his takeover of Pompey last Saturday.

"I am delighted to take up this appointment and to play my part in the rebuilding process of the club," he told the club's official website.

Chainrai became Portsmouth's fourth owner in a year when he took over at Fratton Park in February before putting them into administration with debts of around £120m.

Neither Chainrai nor fellow shareholder Levi Kushnir will be at Saturday's clash with Nottingham Forest but plan to attend the next home game against QPR on 9 November.

I wanted to commit myself to Pompey because this is where I belong

Midfielder Aaron Mokoena

"We very much look forward to being at Fratton Park for the following home game against QPR for what should be a fantastic match," Chainrai added.

Meanwhile, club captain Aaron Mokoena has signed a new two-and-a-half-year contract with the club.

"I wanted to commit myself to Pompey because this is where I belong," the midfielder said.

"This club is a big club and I'm settled here. I've been in football for years so I know what makes me happy. I feel happy here and that's why I want to stay."

The 29-year-old South Africa international captained his country at the 2010 World Cup and has made 42 appearances for Pompey since arriving from Blackburn in 2009.

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