According to a Football League spokesman, the process to buy the club is "ongoing" and Conver Sports Initiative's accounts will be scrutinised to confirm that there are adequate funds to run a football club.
It is also understood that Vladimir Antonov, Roman Dubov and Chris Akers are underoing the Owners and Directors test to ensure we don't have another Ali Al-Faraj on our hands.
The takeover deal could be completed at the end of the month but I expect that this will run well into May and possibly into the summer. At least it seems that CSI will (eventually) buy the club from Chainrai and co. should the Football League be satisfied with them.
In other news, Pompey have finally received the final installments of money owed to them by Inter Milan and Genoa for Sulley Muntari and Kevin-Prince Boateng.
This means that the club are now almost £2 million richer having been paid £900,000 by Inter and £1.06 million by Genoa, although Udinese were still owed some money by Pompey when Muntari initally moved from Italy, although that has now been settled.
Whether that money will be pocketed by the club or Chainrai and co. is anyone's guess, but at least the saga is over now.
But how long will this latest takeover saga last?