Conscious of the need to move more quickly with the takeover, Al Fahim and his co-backers have submitted paperwork to the Premier League for their 'Fit and Proper Person test'. However we understand that the deal remains in a deadlock over the purchase price and that the purchase continues to be at an 'impasse'. Further meetings are scheduled for later this week to see if a way forward can be agreed.
With Sacha Gaydamak not able to fund the ongoing debt of the club, Al Fahim believes he holds all the cards.
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