Portsmouth owner Sulaiman Al Fahim has confirmed that Ali al-Faraj's consortium will be buying the club.
Al Fahim told the Observer of Al Faraj: "I think by Monday or Tuesday he will be on the board. His consortium will be a major shareholder. And I will keep a minority."
Fahim is currently recovering from an operation in a Dubai hospital for kidney stones that he underwent on Friday, and so had to postpone the meeting in London, originally scheduled for today.
"Due to my situation I will need rest and meet them on Monday," he said. "My lawyers are [currently] in discussion with the consortium lawyers."
Fahim said he will continue to back manager Hart, despite a run of poor results before yesterday's crucial win at Wolves.
"I have full respect for Paul Hart and my vote is always for him," he said, adding of the result: "We deserved it, and [it is] thanks to Paul Hart."