Portsmouth chief executive Peter Storrie has confirmed the crisis club are in takeover talks with potential new owners.
Owner Balram Chainrai is currently looking to offload his 90 per cent stake in the club after taking control from Ali Al-Faraj last week.
The Hong Kong businessman has no interest in being the club's long-term owner and is keen to sell his shares sooner rather than later.
However, all talks could be irrelevant if Portsmouth fail to strike a deal with HM Revenue and Customs and win a postponement of the winding-up order scheduled for Wednesday.
Without a stay of execution at the High Court Pompey will be plunged into administration over their unpaid £7.5million tax bill that would almost certainly mean relegation, if not worse.
More time
Storrie insists that if Pompey go under then their creditors will get nothing and he hopes for more time to strike yet another takeover deal so that the club's future can be secured.
"If the Revenue wind this club up they will get nothing, and that cannot be the right answer," insisted Storrie in The Times.
"We are in talks with potential new owners, which would be our fifth owner this season.
"I have heard the job about how we have had more owners than win this season."
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