The Football League is scrutinising the rescue package to save Darlington FC.
Bosses are poring over the details of the Sterling Consortium's bid to take control of the Quakers.
An 11th-hour settlement was reached with creditors on Tuesday, paving the way for the finance group to complete its take-over of the club.
And once the approval of the governing body is secured, Darlington's share in the Football League can be transferred to the new owners.
Club officials believe the League will ratify the deal, particularly after a substantial majority - nearly 89 per cent - of creditors backed a Sterling-funded company voluntary arrangement.
League spokesman John Naigle said: "We need to scrutinise exactly what's happened and it needs to be considered by the board of the Football League."
The Sterling financiers have made several high-interest loans to lower league clubs in the past and have given the League an undertaking they will not get involved with other teams whilst at Darlington.
Meanwhile, Darlington Supporters' Trust is preparing to elect a fans' representative who will take a seat on the board of directors.
The club's new chief executive, Andy Battison, offered the organisation the key role earlier this week.
Supporters' Trust chairman, Tony Taylor, said: "We have got to sit down as a board and get our election procedures under way. We want to get as many members to vote as possible."
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