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However, whilst there has been talk of investment in the region of £100 million, Gaydamak admits he is not on the same level as Chelsea's billionaire owner.
"I don't know the gentleman (Abramovich) personally but I have the utmost respect for him and admire him very much," he said.
"I am very uncomfortable with comparisons between us, it is a different league - I am very small and he is very big, I can't compare myself to him.
Portsmouth chairman Milan Mandaric said Alexandre Gaydamak will be confirmed as a new director of the club next week.
Little is known about Gaydamak, who Mandaric said is investing about £20m to become a co-owner in the club, but Mandaric is happy with his credentials.
"You have to do your due diligence. I'm quite satisfied he made his money the old-fashioned way - he earned it," Mandaric told BBC's Sportsweek.
Originally posted by rynaldo82
can Harry spend the cash wisely though?
i remember you going on TRD when it came to siging players for the Hammers he werent that good and that the youth players kept the team alive
Thats we are hoping but Benjani has a contingency plan to leave us if we go down it kills me that he is thinkng of relegation and he aint kicked a ball for us yet!
Originally posted by rynaldo82
am trying to place this guy, am sure in Guy Reux? the old ancient manager Auxerre had he played a cup game in his last match and Benjani played and was great.
And you beat Marsielle to signing him, maybe the new yak
Originally posted by rynaldo82
forgot to add.... i see Harry is thinking about moving for Steffan Iverson, i dont know where hes playing these days but werent he a dud at spurs? and the Boro Keeper, i think hes supposed to be good Swatcher?