Leyton Orient owner Francesco Becchetti is in talks to sell the club.
The interested buyer is in London and has not been put off by the fact that Orient have been relegated from League Two to the National League.
Becchetti bought Orient from Barry Hearn for £4m in July 2014.
Two months earlier, Orient had missed out on promotion to the Championship after losing on penalties to Rotherham United in the League One play-off final.
Under Becchetti's ownership Orient have had 11 managers in three seasons.
They have been relegated twice and have dropped out of the Football League for the first time.
They play their final game in the league on Saturday at Blackpool.