Bolton Wanderers' High Court hearing over an unpaid tax bill of £1.2m has been adjourned until 3 April.
The Championship club, who are up for sale, received a winding-up petition from HM Revenue & Customs in February.
However, it is understood owner Ken Anderson has agreed terms with a buyer who is willing to pay off their debts.
On Tuesday, Bolton confirmed takeover talks with an interested party, believed to be the Football Ventures consortium, had ended.
The potential new buyer is said to already own a major stake in a "high-level football club".
Bolton now have 14 days to complete a takeover and settle their debts to avoid a winding-up order, which would leave them facing administration or liquidation and a points deduction.
More to follow.
Source: bbc.com