Neil Machin has been approached by a consortium wanting to take control of Sheffield Speedway.
Speculation has linked vastly experienced promoter Tony Mole with a bid for the club following the collapse of his move to take the sport back to Bradford and his failed bid to buy back Birmingham.
Mole is well known for rescuing clubs who have doubts over their future - but that doesn’t appear to be the case at Owlerton.
Said Machin: “This club is in a good position because everything is ready to go, it’s not like we are bankrupt. We’ve paid all our bills, that’s something I am proud of in all the time I’ve been in charge with have a great reputation for paying everything, which cannot be said for everyone.
“Obviously we can’t name names but there is an outside chance of a consortium acquiring the shareholding. I’d prefer to see an outright sale but if that’s not possible then there could be a lease-back option.”
Meanwhile the club have sent their best wishes to start marshal Lou Charlesworth who is recovering after being involved in an accident.
Charlesworth is one of the longest serving track officials in the country and officiated at Cardiff and the British Grand Prix three years ago.