Portsmouth are the latest side to be taken over by a Saudi investor in the shape of Ali Al-Faraj, while Liverpool could be the subject of major investment from Prince Faisal bin Fahd bin Abdullah al-Saud.

Chairman of the Saudi Professional League Commission, Hafez Al-Medlej, believes if the Portsmouth takeover proves successful a host of investors from the cash-rich kingdom will be keen to get involved in English football

"In one year's time, if there was no backfire and everyone is settled, I am sure at least 10 more investors will come," said Al-Medlej speaking at the Leaders in Football conference at Stamford Bridge.

"Not necessarily to the Premier League. They might come and buy some clubs at the Championship level.

"Last year I spoke to some people interested in Championship clubs and made inquiries. Their specific needs are they wanted a club that has high average crowd, facilities are good and a club in London.

"Not always a team top of the league. To buy a club from the First Division and bring it up is an even better investment."

However, Al-Medlej conceded that he did not know anything about new Portsmouth owner Al-Faraj following his dramatic takeover of the Premier League strugglers.

"I hope Al-Faraj has success, but we never heard of this guy," added Al-Medlej. "I asked my friends and no-one knows him. For three days, I see there is no picture of him in the Saudi papers.

"If he comes with the money and leaves the management to those who know about it then that's good."

Al-Medlej is a friend of Liverpool suitor Prince Faisal and he believes the Prince would provide a massive boost to the Anfield coffers.

"They will benefit from the money that he will inject to the club - it will help them bring world-class players," said Al-Medlej.

"He is a guy with a sports mentality, he is passionate about football and he is successful in business.

"In Saudi he established a company called F6 and that is successful. He's a great value to the club."