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Profile: Arkadi Gaydamak
Arkadi Gaydamak was a participant or observer in the following events:
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]
An Israeli newspaper publishes a list of the assets of fugitive gun runner Arkadi Gaydamak indicating that they include Portsmouth FC. The claim is made in an article called “Look What I’ve Got,” published by the tabloid Yedioth Ahronot. [London Times, 9/15/2008] The asset listing includes “Soccer Abroad: Portsmouth FC, in England’s top league… managed by Gaydamak’s son, Sacha [Alexandre].” [Guardian, 9/23/2008] The article’s publication follows claims that Arkadi is in financial difficulties and is to show that his position remains strong. Previously, the football club reported it was owned by Arkadi’s son, Alexandre. The difference is significant because Arkadi may not pass the Premier League’s “fit and proper persons” test due to the warrant for his arrest on gunrunning charges. [London Times, 9/15/2008] The league will commence an investigation into the claims (see September 22, 2008), but drop it when Portsmouth assures it Alexandre is the real owner (see September 23, 2008).
The Premier League launches an investigation into the ownership of Portsmouth FC. The investigation is spurred by an Israeli newspaper article that lists the assets of fugitive Russian-Israeli arms dealer Arkadi Gaydamak, which the paper says include Portsmouth (see (September 8, 2008)). Portsmouth says it is owned by Arkadi’s son Alexandre. The difference is important because Arkadi is wanted in France on gunrunning charges, meaning he may not pass the league’s “fit and proper persons” test for football club owners. [Guardian, 9/23/2008] Portsmouth will soon repeat that Alexandre is the real owner, satisfying the league (see September 23, 2008).
The Premier League announces it is satisfied that Portsmouth FC is not owned by fugitive gun runner Arkadi Gaydamak, but by his son Alexandre. The league had launched an inquiry into the ownership of Portsmouth after a list of Arkadi’s assets—including Portsmouth—appeared in the Israeli press (see (September 8, 2008) and September 22, 2008). As Arkadi is a fugitive from French authorities over gun running charges, he may not pass the Premier League’s “fit and proper persons” test for football club owners. Following the list’s publication, the league contacted Portsmouth to ask who really owned it, and Portsmouth said it was owned by Alexandre, satisfying the league. [Daily Mail, 9/23/2008]
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