That 'trumps' the £500,000 bid offered by Nottingham Forest whose boss Paul Hart said he was not in a position to offer more as the club has financial problems, and a last minute change of heart is not anticipated.
Toddy said as recently last week that he was going to stay and fight for a place at Upton Park despite being left out of the last international squad, but the chance of more regular football has swayed him.
"Portsmouth have made an offer which has been accepted, a meeting was held that was productive to all parties concerned, and as far as I am aware progress has been made and the deal will go through."
Two familiar names are involved in that deal, of course; Harry Redknapp is director of football at Pompey and of course brought the 23 year old over to England from Liteks Lovech, and former Hammers chief executive Peter Storrie is currently 'on loan' on the south coast from Notts. County for a month as he helps them restructure financially.
It is now a case of the striker arranging personal terms and a work permit renewal going through.
Although no problems as regards the latter are concerned, the bureaucratic process could mean he has to wait a fortnight or so before being able to play.