 Al Fahim took control of the club in August
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Portsmouth's players have been assured that they will be paid the wages they are owed within the next 48 hours.
Some players were not paid earlier in the week because of "a delay in the transfer of funds" following Sulaiman al Fahim's recent takeover.
Al Fahim took control of the club in August but doubts have constantly surrounded his financial suitability.
The club, who are bottom of the Premier League, sold several of their highest earners in the last transfer window.
Those players included England internationals Glen Johnson and Peter Crouch.
"Portsmouth FC can confirm that the first-team squad and executive board was not paid yesterday (Wednesday)," a statement read.
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"The club is currently being refinanced by the owner Sulaiman al Fahim following the recent completion of his takeover.
"There was a delay in the transfer of funds but the lawyers have received confirmation that this will happen today which will enable the players to be paid within the next 24 to 48 hours. The players have all been informed of the situation.
"The executive board will continue to help the new owner in his efforts to refinance which has come about as a direct consequence of the banks' requirements to retain all television receipts and profits generated during the transfer windows."
Al Fahim recently told the club's supporters he will inject £50m into the club within the next month.
It is likely the funds will largely be used to clear a reported £40m debt and Al Fahim also insisted his finance plan was guaranteed by international institutions and is backed by firm commitments.
Portsmouth lost their seventh straight Premier League match on Saturday when they were defeated 1-0 by Everton.
The only side to ever lose their first seven and avoided being relegated was Liverpool exactly 100 years ago.
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