Barnsley Football Club is at the centre of a takeover battle between two foreign parties.
The Chronicle understands that an Italian consortium and a group of Qatari businessmen have made enquiries about buying the club. The Italian group attended the Reds’ 125-year anniversary game against Blackpool earlier this month.
Talks have been ongoing for the last month and reports claim the investors would be willing to pump up to £10million into the squad.
Club director Don Rowing told the Chronicle: “We have been approached but there are no offers at this stage. There are a number of interested parties because the club has been stabilised over the years and is now debt free and is therefore attractive to certain investors.
“The ball’s in their court now and if an official offer comes in then we will put it before the board. These things take time and we have to be patient and see if anything transpires.
“Our focus has to be Saturday’s game against Ipswich.”