Local property developer David Clowes has his bid to buy Derby County accepted and hopes to complete the purchase on Wednesday.
Clowes announced his intention to try to take the Rams out of administration on Friday after buying Pride Park from Derby's former owner Mel Morris.
Derby's administrators Quantuma said Clowes had now been granted preferred bidder status.
The news came as the Rams appointed Liam Rosenior as interim manager.
More to follow.