Pompey chief executive David Lampitt today welcomed the club’s new owners and said rebuilding would be a long-term project.
He told The News: ‘We are pleased the takeover has been sorted.
‘There is probably a bit of relief, because it has been a complex process.
‘It has taken time to get it over the line and get it sorted.
‘That is just a facet of taking on a business with the complexities that we have, on account of what has happened to the club.
‘Coming out of insolvency has been tough.
‘So there is a bit of relief in there, but also a lot of excitement at what lies ahead.
‘We have got there and it is a good day for Portsmouth Football Club.’
Earlier in a statement he said: “I am pleased to welcome the club’s new owners and very much look forward to working with them.
“It has been a complex process, which has been conducted very professionally throughout. I’m very pleased that it is now complete and we can start to put plans in place for the future.
“The rebuilding of the club is a long term-project and, in CSI, I believe we have found owners who will take the long-term view that is required.
“We are pleased to be looking ahead but may I also take this opportunity to thank Balu Chainrai, Levi Kushnir and Deepak Chainrai for their contribution in seeing the club through a very difficult period in its recent history.”