Darlington Football Club looks set to survive tomorrow's deadline to come out of administration.
April 22 was the date set by creditors for a workable deal to be found to keep the Quakers alive, or else the club would go into liquidation.
But the Reynolds Arena's new owner, the Sterling Consortium financial group, has been unable to reach a deal with former chairman and major creditor George Reynolds.
One of the club's joint administrators, David Field, said he would meet his solicitors today to discuss the legal issues surrounding extending the deadline.
He hopes he can convince all the creditors it is in their best interests to allow the club to continue until the end of the football season.
Mr Field said last night: "We don't know exactly what will be happening yet. We probably won't know until Thursday.
"But the key thing is for the club to continue until the end of the season."
Mr Field also said he believed Mr Reynolds was in talks with the Sterling Consortium to reach a deal for the future of the club.
But Mr Reynolds last night dismissed rumours that he had already struck a deal with the Sterling Consortium.
Meanwhile, a charity match due to be played at the Reynolds Arena on Sunday has been cancelled because of poor ticket sales.
The club said last night there was too much despondency surrounding the club and the atmosphere was not right for a fundraising game.
Quakers have sold only 70 tickets since they went on sale on Monday,
Club manager David Hodgson had lined up an all-star team including Paul Gascoigne, Peter Bearsley and David Hirst against a Granada TV squad.
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