Sky Sports News understands the takeover of Hull City has hit a hitch but reports suggesting the deal is off are premature at this stage.
Hull announced a fortnight ago that a deal had been agreed to sell the club to a Chinese consortium, believed to be headed by a brother and sister partnership of Dai Yongge and Dai Xin Li.
The club was put up for sale in 2014 after the FA rejected chairman Assem Allam's bid to change their name to Hull Tigers, a move which was vehemently opposed by the majority of Hull's fans.
The Allam family have since come under increasing pressure from supporters, whose discontent has grown since the departure of former manager Steve Bruce in July.
Caretaker boss Mike Phelan has been in charge on an interim basis since Bruce's departure three weeks before the Premier League season got underway.
Despite beginning the season with just 13 fit senior players, Phelan led the Tigers to victory in their opening three games before they were defeated by Manchester United in their last fixture before the international break.
However, Phelan's long-term future with the club is in doubt after he said in a statement released on Thursday that he "remains far apart" on an agreement to succeed Bruce.