Liverpool could come under Syrian control in the coming weeks.
The Mirror says potential buyer Yahya Kirdi flew to London last week for crunch talks with the Anfield club's new chairman Martin Broughton and co-owner George Gillett.
Kirdi, an International Unicef representative, is working around the clock to pave the way for the £400m buy-out of the crisis-hit Reds after a last-minute hitch recently left the mega-bucks takeover hanging in the balance.
But Kirdi has come back with renewed determination in his bid to do the deal so flew from his business base in Dubai for lengthy discussions at a secret location in the capital in the past few days.
The bold regime aims to sweep aside troubled Liverpool co-owners Gillett and Tom Hicks to wipe out their current debts in excess of £350m.
Plans are already underway for a new stadium, as well as investing heavily in new players to make the Reds a force to be reckoned with again.
Former Celtic captain Andy Lynch is working alongside Kirdi as they strive to strike a deal.
And Lynch confirmed the latest round of talks were positive.
Lynch said: "Mr Kirdi confirmed to me that he had encouraging discussions with both Martin Broughton and George Gillett.
"He is hopeful that the deal could be done very soon."