Sheffield Wednesday have confirmed they are still in talks with "serious potential investors".
The Owls, given 28 days to settle debts of £550,000 with the taxman after being issued with a winding-up petition by Her Majesty's Revenue and Customs (HMRC) earlier this month, turned down one takeover bid from American investment group Club 9 Sports earlier this summer.
A club spokesman said: "We are having on-going talks with serious potential investors and when there is something tangible to report we will do."
Former West Ham chairman Eggert Magnusson has been reported to have launched a rescue bid for the club, who have debts of around £26million, but it is understood the club are not in discussion with the Icelandic businessman.
Copyright (c) PA Sport 2009, All Rights Reserved.
Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms