Hermann Hreidarsson’s Pompey future should become clearer next week.
The out-of-contract defender has been weighing up the Blues’ offer of a new one-year deal.
The fans’ favourite has yet to give a response to that after it was received by his agent.
But that process should accelerate in the coming days with the 36-year-old currently on international duty with Iceland.
They face Denmark today in a European Championship qualifier in which Hreidarsson is expected to feature.
Pompey had also been forced to wait to do any business with the club’s protracted takeover by Convers Sports Initiatives (CSI) dragging on.
That has come to a successful completion, with movement to build Steve Cotterill’s tiny squad now expected.
Teams from around the Championship are keen on the player, while Rangers have a long-held interest in Hreidarsson.
His first choice is to remain with Pompey where he’s settled, however.
Hreidarsson’s agent, Olafur Gardarsson, welcomed the news of CSI assuming control of the club.
He hopes that will pave the way for further discussions over the man who joined Pompey in 2007 returning.
Gardarsson said: ‘There’s an offer on the table from Portsmouth.
‘Hermann has been preparing for the national side’s game against Denmark.
‘He has been training twice a day so we haven’t been able to look into that thoroughly.
‘He has offers from other clubs but it is a big decision because he will want to stay in Portsmouth.
‘Hermann lives in the area and he wants to stay.
‘We are not ungrateful or greedy, so the takeover being completed could be a good thing.’