Gaydmak's son buys stake in Premier League club

By
January 3, 2006 00:48
1 minute read.

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Portsmouth chairman Milan Mandaric will partner millionaire Russian businessman Alexandre Gaydamak in a move that could turn the club into one of the wealthiest in the Premier League. Portsmouth reached "agreement in principle" with Gaydamak over future shareholding and development, the club said on its Web site on Monday. The Russian, reported to have paid 15 million pounds (US$25.8 million; €21.9 million) for his share, will be an equal partner with Mandaric. Gaydamak, who was also a French national, was the 30-year-old son of billionaire Arkady Gaydamak, who owns Israeli side Beitar Jerusalem but has lived permanently in Moscow since 2002.

Related Content

dudi sela
August 31, 2014
Sela steamrolled by Dimitrov

By ALLON SINAI