A Las Vegas-led consortium is aiming to complete a takeover of Premier League club Bournemouth by the end of October.
The consortium has entered a period of exclusivity over the purchase of the club with terms and a price for the purchase already agreed.
Bournemouth were promoted from the Championship in May.
The club are owned by Russia-born businessman Maxim Demin.
Subject to a review from the Premier League, the new owners hope to be in position at the Vitality Stadium by the end of next month.
It would be the latest American investment into the English top flight after a group led by Todd Boehly took over Chelsea in May.