Portsmouth City Council will hold an emergency meeting on Thursday to discuss the future of Portsmouth Football Club.
Council leader Gerald Vernon-Jackson is speaking to the Supporters' Trust about proposals to lend them £1.4 million pounds to take over the failing club.
Administrator Trevor Birch is considering another bid for Portsmouth from Portpin - a company owned by former Pompey owner Balram Chainrai.
But both bids rely upon the club's remaining high earners changing their terms and conditions or leaving Fratton Park before 10th August.
More top news
The brother of a Kent sailor killed during the Clipper Round the World yacht race says being aboard his boat will be emotional.
Wednesday afternoon's weather for the east of the region
Wednesday afternoon's weather for the west of the region