Doncaster Rovers are maintaining a code of silence on speculation that an Irish consortium are poised to invest in the club.
The club remain tight-lipped on various stories that have appeared in the national press over the past few weeks, claiming a consortium of businessmen could be ready to inject up to £20 million into the club.
However, The Star understands that talks with the consortium - who are thought to be linked with the Irish investors who bought Belle Vue in 1998 and helped prevent Rovers go out of business - are now at a very advanced stage.
An insider has also told The Star that at least one member of the consortium was in Portugal last week to meet boss Paul Dickov and members of the playing squad.
Both parties have signed confidentiality agreements in an attempt to keep a veil of secrecy around the proposed deal.
Talks have accelerated over the last few weeks but the complexity of the deal - which will have a major impact on Dickov’s transfer budget - means that it is still to get over the finish line.
Chairman John Ryan is known to have stepped up his search for new investors following Rovers’ relegation from the Championship last year.
It is understood that Ryan has no plans to step down from his position.
The state of financial flux that Rovers have found themselves in this summer has forced Dickov to be patient in the transfer market, thus far adding just Dean Furman, Mark Duffy and Marc De Val Fernandez to his wafer-thin squad, while deals for Jean-Yves Mvoto, Harry Forrester and six out of contract players are still to be ratified.
Proposed deals for former Republic of Ireland international goalkeeper Shay Given and former striker Billy Sharp, among others, are all thought to hinge on the outcome of the talks.