Northampton Borough Council will apply to put the town's football club into administration in court on Monday to try and stop it being wound up.
A winding up petition against Northampton Town for unpaid taxes is due to be heard at the High Court in five days time, which could result in the club going into liquidation.
If the Council's petition is granted, it would put the HMRC action on hold and give the Cobblers more time to conclude a takeover.
The Council say they have had reassurance from the Football League that the club would not face a points deduction - that would only happen if all rescue efforts fail.
Leicester Tigers needed a late try to secure a tense 22-19 win over Harlequins at Welford Road.
Five penalties from the boot of Tommy Bell had left them four points short of Quins, with the score at 15-19 going into the final ten minutes.
But replacement back rower Laurence Pearce crossed the line with nine minutes left to put the Tigers ahead and they held on to secure the win.
Walsall fans have praised their team's performance despite the League One side losing 4-1 at home to Premier League champions Chelsea.
James O'Connor's goal put the hosts on the score sheet, but Chelsea proved too strong as they knocked Walsall out of the Capital One Cup in the third round.
ITV News Central spoke to Walsall fans after the match last night.
- Southend 2 - 1 Peterborough
- Stoke 0 - 1 Liverpool
- Stoke 0 - 0 Liverpool
- Burton 2 - 1 Scunthorpe
- Chesterfield 3 - 1 Barnsley
- Coventry 2 - 0 Wigan
- Crewe 0 - 0 Port Vale
- Shrewsbury 1 - 2 Millwall
- Walsall 1 - 1 Oldham
- Rochdale 2 - 0 Peterborough
- Birmingham 2 - 1 Reading
- Blackburn 1 - 2 Wolves
- Bolton 0 - 0 Derby
- Bournemouth 0 - 1 Aston Villa
- Leicester 4 - 2 Sunderland
- Bournemouth 0 - 0 Aston Villa
- Leicester 3 - 0 Sunderland