Dr Sulaiman Al Fahim is confident of completing his takeover of Portsmouth before the start of the season.
He said last night: "We are waiting for final approval from the Premier League.
"We are going ahead with the deal. It is a two-phase deal.
"The first agreement, which has already been signed, gives both parties the right to do due diligence. The second agreement is the final one. Before summer we will close the deal."