Portsmouth striker Kanu has welcomed news of Dr Sulaiman Al-Fahim's proposed purchase of the club.
Current Pompey owner Alexandre Gaydamak has accepted an offer from the Dubai-based billionaire and a takeover is expected to be pushed through in the next few weeks.
Al-Fahim previously helped broker the Abu Dhabi United Group's purchase of Manchester City, but has now branched out on his own.
His riches will be welcomed with open arms on the South Coast, with Portsmouth keen to avoid a repeat of the troubles which marred their 2008/09 campaign.
The club got through three managers - Harry Redknapp, Tony Adams and Paul Hart - and found themselves embroiled in a relegation battle for much of the season.
A financial injection should help to bring some much-needed stability back to the side and Nigerian frontman Kanu believes that can only be good news for all concerned.
"We know the situation. We know what is going on now. We know we have a new owner and we have to move forward from there," he told Sky Sports News.
"I don't think they have told anybody much yet, because a lot of players have gone on holiday and some are on international duty. Nobody really knows what to expect when we come back."
Al-Fahim is reportedly keen to install former England boss Sven-Goran Eriksson as the new manager at Fratton Park, but Kanu insists the Pompey players will give their full support to whoever is appointed.
"The boys are there to work with anybody that comes in. We will give them our support and do whatever they want us to do," he added.
"It doesn't matter who comes in, the most important thing is the stability of the club and I think that has happened now. The players are happy with that."