The Belgravia Group, which is interested in making a bid for Newcastle United, has revealed it hopes to be in a position to lodge an offer for the Premiership outfit in January.
A spokesman for the Jersey-based investment group suggested that the forthcoming January transfer window was “something to focus the minds”.
Belgravia were reportedly set to launch a £235million takeover earlier this month, and they have confirmed they are still interested in the north-east club.
“We are still in talks which may or may not lead to a deal, but from our perspective we are still very keen to do a deal,” the spokesman told BBC Sport.
“The transfer window is approaching, and I think from both parties’ perspective that is something to focus the minds.”
Newcastle chairman Freddy Shepherd seemed sceptical about the fresh claim, stating: “They made a statement in August saying they may or may not make a bid.
“They can say what they like but they have yet to make an offer – and until they make an offer we cannot say anything.’
However, the Belgravia spokesman confirmed plans are still ongoing.
“Were we to make an offer or were we to cease our talks, or they were to cease talks with us, they would have to make an announcement to the stock exchange,” he noted.
“None of that has been done, so you can presume that talks are ongoing.
“We are in discussions with the board of Newcastle, which means we are talking to all the shareholders.”