Kidderminster Harriers' board of directors want a face-to-face meeting with the consortium trying to take over the club.
A "third party consortium", understood to be a Hampshire group spearheaded by Farnborough Town chairman Ron Higgins, is hoping to buy the shares of majority shareholder Lionel Newton which would put them in control.
The consortium want information on the club's finances under due diligence before formally making their bid. The club have received a letter from Newton's solicitor to that effect.
The club, in a statement yesterday, said: "The members of the board of Kidderminster Harriers Football Club Limited confirm that they have now been notified of an approach to Lionel Newton from a third party consortium interested in acquiring Mr Newton's interests in the company.
"The board have requested a meeting with members of this consortium before releasing information to them.
"The board wish to point out it will not conduct its business through the media and will always act in the best interests of the football club."
Newton has extended the deadline for bids - initially set for last Friday - for another 14 days but there is a fear that the matter could rumble on until the club's annual meeting on June 7.
Newton has stated that he would not sell to the current board if former chairman Dave Reynolds is involved, while current chairman Colin Youngjohns has questioned the motives behind the third party consortium's interest in a club which has been relegated and whose ground is owned by the council.
In the meantime, manager Stuart Watkiss has his hands tied in planning for next season's Conference campaign. Without confirmation of a budget, he cannot make definitive offers to would-be targets.
However, it appears that if the consortium won control they would install Neil Sillett, football agent son of former Coventry City boss John, and ex-Aston Villa and West Bromwich Albion striker Garry Thompson. The duo have taken charge for at Farnborough but have lost five out of five matches.