Sulaiman Al Fahim is in the train of negotiating a value for his proposed takeover of Portsmouth succeeding completing due perseverance on the club.
The United Arab Emirates businessman is trying to agree a figure with Pompey owner Sacha Gaydamak.
Paperwork for the Premier League’s "fit-and-proper-person" trial has already been submitted.
Portsmouth’s players have expressed their desire concerning the deal to be completed as soon as possible.
Pompey and England striker Peter Crouch recently said he was worried by the fact that the fraternity had no full-time conductor in place, with the Premier League season only a month off.
Paul Hart, Pompey’s third boss of a turbulent season after Harry Redknapp and Tony Adams, ended the last campaign in charge and succeeded in keeping the club in the top flight.
But it is unclear whether Hart enjoin take the lower part of the back next season with the takeover still to be completed.
| 606: DEBATE We be sure that one time we’re taken over, we’ll at least have the money to keep ourselves going in the world’s best football league powered_by_pompey |
The club have lost full-back Glen Johnson and midfielder Sean Davis, with only defender Aaron Mokoena – who joined on a free transfer from Blackburn – moving to Fratton Park.
"Due diligence has been completed. We are now material a final commercial assessment with information obtained through the due diligence action," said Al Fahim’s advisor Ivo Ilic Gabara.
"We will then sit down and negotiate a final recompense based on how much both parties think the club is value.
"We have never said the unalloyed deal would be completed in July. We said all along we expected exactly diligence to be completed in such a time frame – it being so that that has happened. I cannot possibly say when a final fee will be agreed.
"The deal is not closed until it is closed, like a single one financial transaction.
"But both parties want it completed as soon as possible to proceed in a good manner."
Last month, Gabara told BBC Sport that there would be no problems by the spasm and proper person touchstone.
