Trying to remember how long that usually takes, can't be too long? Maybe a week? Two?
From this on Wigan it looks like it took them 15 days:
By early March 2021, the administrators were in advanced talks with a consortium, Phoenix 2021 Ltd, led by a Bahrain businessman, Talal Mubarak al-Hammad,[89] and a takeover was agreed on 15 March, subject to EFL approval and finalisation of paperwork. Under the proposed deal, Al-Hammad will become chairman,[90] and Mal Brannigan (previously involved with Dundalk and Dundee United) will be chief executive.[91] EFL approval for the takeover was confirmed on 30 March 2021.
If you're Newcastle it takes about 13 months.
In our case though it's not the Saudi state buying us whilst trying to prove its not the Saudi state buying us.