Former Portsmouth owner Balu Chainrai has told Sky Sports News HD that he would be prepared to take control of the club again - if it prevents liquidation.
The Hong Kong based businessman is in London and hopes to hold talks with Trevor Birch from PKF who are Portsmouth's administrator.
Chainrai has also revealed he would be prepared to write off some of the money he is owed, up to nearly £20million including interest.
"I am going to be very reluctant again, but it is only for an interim period." Chainrai told Sky Sports News HD in a wide-ranging interview.
"If I don't do it the club is going to be liquidated. I would prefer somebody else to come in and buy the club and keep the club going. I am quite upset to see the club in this state."
Chainrai was asked if he would consider deferring, or writing off, some of the money he is owed if it meant Portsmouth would survive.
"Most definitely, most definitely." replied Chainrai. "Most definitely, I would."
When asked how much he would be prepared to write off, Chainrai said: "I don't know. First, find the person. You are asking me questions which are not fair. Put the person in front of me and, let's say he's serious, most definitely.
"I stepped in and lent money to the football club when no bank would lend them £1. So why am I the victim here? Why am I the culprit? Why am I being blamed? What have I done wrong?
"I am an accidental owner. I am a businessman with emotions, that's the problem."
Chainrai was asked if he had personally ever taken any money out of Portsmouth FC.
"Are you joking, or are you serious?" he replied. "Myself? Nothing. Nothing."
Chainrai said Portsmouth supporters were entitled to express frustration towards him.
"This is a free country." said Chainrai. "They are allowed to feel and they are allowed to express. I respect them for that. But I am not there to destroy anything or hurt anybody."
Chainrai was speaking to Sky Sports News HD as part of a wide-ranging interview that is being broadcast on Sunday