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  1. News - Hong Kong

    Soccer dream over for Hong Kong businessmen Carson Yeung and Balram Chainrai

    Posted Jan 20th 2013, 12:00am by John Carney

    ... Ka-sing at City and Balram Chainrai, whose tenure at Portsmouth is over but who is still locked in a multimillion-dollar financial dispute with the club. Both have been dogged by controversy. ... then. Meanwhile, Portsmouth fans are possibly even more unhappy with Chainrai, 54, who they blame for their financial woes. They say he is standing in the way of a buyout that would put the club ...

  2. News - Hong Kong - COURTS

    Secretary faces HK$42m fraud charges

    Posted Mar 14th 2014, 04:32am by JULIE CHU

    ... Julie Chu julie.chu@scmp.com Secretary faces HK$42m fraud charges A secretary who allegedly stole more than HK$42 million from Balram Chainrai, the former owner of English soccer club ... The charges allege that Tong, then Balram Chainrai's secretary, used his name to apply for credit cards from four different banks. She is accused of using those cards for her own payments. She ...

  3. I've got nothing to hide, says ChainraiI've got nothing to hide, says Chainrai

    Posted Mar 07th 2010, 12:00am by John Carney

    ... John Carney After weeks of speculation and hearsay from the media in Britain, Portsmouth soccer club's Hong Kong owner Balram Chainrai wants to put it on the record once and for all- ... side,' he said. Chainrai's company, Portpin, ended up taking over the 90 per cent shareholding in Portsmouth held by previous owner Ali al-Faraj, of Saudi Arabia, last month after the club ...

  4. Comment - Insight & Opinion - TALKING POINTS

    Talking points

    Posted Jan 31st 2013, 12:00am by STAFF

    ... Our editors will be looking ahead today to these developing stories... Chainrai in London court over soccer battle Hong Kong businessman Balram Chainrai faces a key date in London's High Court, with his company Portpin locked in a bitter battle over the future of the famous Portsmouth soccer club. The financially troubled club's administrator wants to force through ...

  5. Chainrai joins waterfront Ferris wheel project

    Posted Sep 18th 2011, 12:00am

    ... John Carney john.carney@scmp.com Flamboyant Hong Kong businessman Balram Chainrai has thrown his considerable clout behind the Dubai-based company that wants to erect a giant Ferris wheel ... million. Chainrai the former owner of English Championship soccer side Portsmouth, revealed he would be supporting the Freij project. He will be participating both financially and in an advisory ...

  6. Chainrai's second Portsmouth takeover signed

    Posted Aug 15th 2010, 12:00am by John Carney

    ... John Carney It's official- Hong Kong businessman Balram Chainrai is Portsmouth owner for a second time. Chainrai (pictured) briefly owned the English club before they went ... fans had that he might have a late change of heart- they lost disappointingly 2-0 to Coventry in their first Championship match of the season last Saturday- disappeared when Chainrai confirmed ...

  7. Chainrai could own Portsmouth for a third time

    Posted May 20th 2012, 12:00am

    ... Unus Alladin unus.alladin@scmp.com Hong Kong businessman Balram Chainrai has confirmed he made an offer to buy back English soccer club Portsmouth despite still being owned GBP19 million (HK$233.44 million) by the stricken club. If he succeeds, it will be his third stint as owner. Chainrai said yesterday he made an offer to buy the club from its administrators, PKF. The 53-year-old, ...

  8. Chainrai draws fans' wrath over club woes

    Posted Feb 06th 2011, 12:00am by John Carney

    ... John Carney Hong Kong's Balram Chainrai is facing a wave of fan protests over the running of his English Championship side Portsmouth as storm clouds gather again at the club. Chainrai (pictured) briefly owned the English side before they went into administration nearly 12 months ago, and when the club won their battle with British tax authorities in August, it left him ...

  9. Chainrai's reign at Pompey is over

    Posted Apr 09th 2011, 12:00am

    ... John Carney Balram Chainrai's eventful tenure as owner of Portsmouth is over. The Hong Kong businessman has struck a deal with Russian consortium Convers Sport Initiatives (CSI) and they will be the new owners of the Championship club as soon as next week. It is now down to the Football League to ratify the deal. Once this takes place Chainrai will be out of the equation. In the past few ...

  10. Chainrai closes in on deal to sell Portsmouth

    Posted Feb 10th 2011, 12:00am by John Carney

    ... John Carney If all goes to plan, in a fortnight's time Balram Chainrai will not be running English Championship side Portsmouth, but the Russian consortium Convers Sport Initiative ... ice hockey team. It also made a failed bid to buy English League One side Bournemouth last year. Last night, Chainrai (pictured) reiterated that he had never wanted to take over the club ...




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