January 2006: Portsmouth FC Reportedly Sold to Franco-Russian Businessman; Identity of Real Owner Will Later Become Controversial

Serbian-American businessman Milan Mandaric sells Portsmouth FC to Franco-Russian businessman Alexandre Gaydamak for £32 million. [London Times, 9/15/2008; Daily Mail, 9/23/2008] The sale will later become controversial as speculation appears suggesting that Gaydamak’s father Arkadi, wanted for questioning in France over gunrunning during the Angolan Civil War, is the real owner. [Daily Mail, 9/23/2008]