Shaun Cooper will discover his Pompey fate on Monday.
Guy Whittingham’s desire to recruit the utility man will be discussed at the club’s latest monthly board meeting.
The Blues’ player budget is one of a number of items on the agenda for the seven-man board headed by chairman Iain McInnes.
And part of that will be the potential return of the versatile Cooper.
Whittingham has spoken of his wish to add the 29-year-old free agent to his squad, having impressed last season.
The former Bournemouth man also trained with Pompey last week ahead of a possible Fratton comeback.
However, Cooper’s arrival hinges on getting the green light from the club’s board of directors.
Bondz N’Gala has already secured a stay until the beginning of January after a successful initial month-long deal.
Now Whittingham is striving to get permission for the budget to also accommodate Cooper.
Chief executive Mark Catlin said: ‘The next board meeting is on Monday.
‘It is not about Shaun Cooper specifically, there are a number of items, as there is at every board meeting.
‘We talk about general targets, overall how things are doing and what the club can and cannot afford.
‘It takes place every month, unless there is an emergency.
‘Generally a product of the club is the players and if it is deemed feasible to increase the budget and the manager requires it then we will look at it.
‘As I have always said, especially in football, it is a moving feast and we have tended to work it in a worst-case scenario.
‘Thankfully it has not happened to be worst-case and we have out-performed and done very, very well in a lot of savings and revenues.
‘Projections tend to change and the club is consistently going in the right direction.
‘As I have always stated, football decisions are down to Guy and we will back him as much as we can.
‘Bondz N’Gala will now be staying with us until the start of January to give more time for Guy to look at him.
‘And we will see what comes out of the board meeting on Monday.’
Meanwhile, Pompey are still waiting to progress with a new deal for Jed Wallace.
The midfielder is currently in discussions with his agent, although remains keen extending an agreement which ends next summer.
Catlin added: ‘Jed is currently discussing things with his agent and we are trying to let them sort it out before starting opening meaningful discussions.
‘Basically, we are waiting on him now.
‘We speak to Jed on an almost daily basis and nothing has really changed over the situation.
‘I am led to believe he wants to stay here as well.’