Under the terms of the deal, agreed on Tuesday, the Allams will have a majority shareholding in both the club and the KC Stadium management company.

BBC: Hull City agree takeover with ?150m local businessman

Al-Faraj successful purchase comes after a previous failed attempt to buy the club in August, when former owner Alexander Gaydamak sold his majority shareholding to Al Fahim instead.

CNN: Al Faraj completes Portsmouth takeover

Controversial businessman Hammam brought an end to his six-year tenure as Cardiff City chairman in October 2006 after agreeing to sell his majority shareholding, with former Leeds United chief Ridsdale taking over the role at the south Wales club.

BBC: Motherwell demand Cardiff transfer money

Controversial businessman Hammam brought an end to his six-year tenure as Cardiff City chairman in October 2006 after agreeing to sell his majority shareholding, with former Leeds United chief Peter Ridsdale taking over the role at the south Wales club.

BBC: Cardiff City hold Langston debt meeting

In October Al Fahim sold his majority shareholding in the club to Saudi tycoon Ali Al Faraj, but any hopes Hart may have had of this making his job easier were hit when the Premier League imposed a transfer embargo on the club over debts owed to other clubs.

BBC: Portsmouth appoint Avram Grant as new manager

The Alibaba Group board discussed at numerous Board meetings over the past three years the impending imposition of new regulatory requirements on the online payment industry, including ownership structures, as they were being developed in China, and was told in a July 2009 board meeting that majority shareholding in Alipay had been transferred into Chinese ownership.

FORBES: Alibaba Says Yahoo Knew In 2009 Alipay Structure Was Changing

This new shareholding majority comprises a rich and flourishing taxonomy of investors: income turtles, value fish, growth hounds, short worms, hedge caterpillars, option rabbits, day-trading bumblebees, and so on.

FORBES: Legacy Shareholders

Shell's first quarter results were also boosted by proceeds from asset sales, which included sales in its pipeline business in the United States, its liquefied petroleum gas (LPG) venture in Vietnam and the majority of Shell's shareholding in its downstream business in Uganda.

BBC: Royal Dutch Shell chief executive Peter Voser to retire