Four parties remain in contention to take over the Bradford Bulls.
A large number of 12 bidders has been whittled down to four serious contenders to take over the Bulls.
“We imposed a deadline to get indicative offers and that has got the number of serious contenders down to four,” Administrator Gary Pettit, managing director of Northampton-based company PBC Business, Recovery and Insolvency, told PA Sport.
“It is fair to say they are the four that we anticipated and it’s quite an exciting choice of people.
“It is my belief that any one or a combination thereof would be an asset. All the people who are interested know how sport and how rugby ticks.
“It is looking very promising. I believe it is now a question of when rather than if. We are now into the due diligence stage, down to the nitty gritty if you like.”
The adminstrator is hoping to conclude a sale by mid-December.