The revolving door in the boardroom spins wildly one more time.

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Premier League crisis club Portsmouth have been taken over by their fourth different owner of the season.
Hong Kong-based businessman Balram Chainrai has bought 90% of the club’s shares from previous owner Ali Al Faraj after invoking a repayment clause.
BBC sports news correspondent Gordon Farquhar said: “He is understood not to be interested in a long-term ownership, just averting the current crisis.”
Chainrai’s company Portpin may sell the club before the end of the season.
A Pompey spokesman said: “Portpin have exercised a clause in their contractual agreement to take a controlling interest. They are taking control on a temporary basis to allow new owners to be found.
“Portpin’s aim is to come in and stabilise the club, sort out the business with the winding-up order from HMRC and sell it on to new owners.

“New directors will be appointed to the board and Peter Storrie will remain as chief executive and will be running the club.”
Farquhar added on BBC Radio 5 live: “Chainrai has invoked a clause in a loan contract he struck with the club’s third owner this year, Ali Al Faraj, giving him the right to take over 90% of the shares should they default on repayments to him.
“He recently loaned the club £15m to £20m to help get them through their current financial crisis, which still isn’t resolved and now the loans have not been repaid he’s the new owner of the club on that basis.
“The thing is, for people like Chainrai and former owner Sacha Gaydamak that the money they have put into the club would be lost if Portsmouth went into liquidation.
“That’s the real risk for them, so they need to keep the club afloat by doing whatever they can.”
Pompey have lurched from one crisis to the next in recent months, with the club facing a winding-up petition from HM Revenue & Customs at the High Court on 10 February.
They have been late paying wages four times this season and chief executive Peter Storrie appeared before a crown court accused of tax evasion in January.
Meanwhile, Pompey manager Avram Grant said he will continue to try to save the Premier League strugglers but remains non-committal about his long-term future.
The cash-strapped club remain rooted to the bottom of the table after a 1-0 defeat by Fulham on Wednesday.

Key players Asmir Begovic and Younes Kaboul were sold against Grant’s wishes in January and the club face a winding up on 10 February for unpaid taxes. (BBC Sport)

I am sure that everyone in the game wants Portsmouth to avoid the curse of administration or indeed being wound up completely and that the club has found yet another owner is in some ways a good thing but one does wonder how long they can continue to keep the wolf from the door.

The problems on and off the field could become insurmountable if they get given a ten point deduction and relegated but then they could face the drop regardless and then the real battle begins. We have seen umpteenth Premier League clubs drop to the Championship and then gone into free fall mainly because of huge costs associated with being in the top tier then having to be paid for on a lesser budget. A quick glance at the top half of League One shows you just what has been happening of late. The likes of Leeds United, Charlton, Norwich City and Southampton, all Premier League regulars, all find themselves trying to claw their way back into the higher echelons and it is that fate that the south coast club must battle valiantly against.

Avram Grant has done as good a job as possible thus far and his Portsmouth side is battling hard against the inevitable and now after losing Begovic and Kaboul them must once against regroup but hopefully the latest set of owners will at least be able to prevent the dreaded winding up order.

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