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Portsmouth insist Chainrai not buying into club

Portsmouth insist Balram Chainrai has not bought into the club.

Portsmouth have denied a report that the £15 million loan provided to the club by Balram Chainrai has effectively given the Hong Kong-based businessman control at Fratton Park.

"A company that he is beneficial owner of has provided funding," a club source told The Times. "There has been no change of ownership."

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