An arrest warrant has been issued in Dubai for the Portsmouth non-executive chairman and former owner Sulaiman Al Fahim.
The warrant relates to a disputed property deal with Al Fahim allegedly owing a sum of £1.4m.
The 32-year-old – who still retains a 10% share in Portsmouth – claims he is not liable for the debt.
“I have done nothing wrong, I am not involved,” he was quoted as telling a United Arab Emirates newspaper.
Al Fahim completed a buy-out of Portsmouth in August last year, taking over from previous owner Alexandre Gaydamak, but sold to Saudi business tycoon Ali Al Faraj six weeks later on 6 October.