The League Two side are looking to bring in investors to pay off their debts and finance the club’s ambitions of getting to the Premier League.
An announcement regarding new ownership could be made on Tuesday, just a day before their High Court date where they have to answer a winding-up petition from HM Revenue and Customs over an unpaid £600,000 tax bill.
A statement on the club’s official website read: “Discussions are at an advanced stage to secure the required investment. Executive chairman Peter Trembling and director of football Sven-Goran Eriksson have been in London to bring these discussions to a conclusion.
“We are fully aware of and sympathise with the frustrations and anxieties of our supporters during what has been a difficult time. Genuine progress is being made with the investment parties and we remain extremely confident that the requisite investment will be secured to ensure that the club can meet all its financial obligations.
“As we have stated previously, we are endeavouring to condense an investment programme that would ordinarily take several months into a matter of weeks. We are extremely close to completing our discussions and hope to be in a position to make a positive announcement on Tuesday.”
