Chief executive Perry Deakin has announced his candidacy to become a director at Port Vale.
Deakin, who has been in his post at Vale Park for four months, intends to invest £100,000 into the club.
However, he will need to receive approval from the club's shareholders before taking a seat on the board.
"I strongly believe that we are heading in the right direction and am investing my own money into the club to underline that belief," he told the club website.
The news comes eight days after Vale announced a deal with American sports construction firm Blue Sky International, which will see an initial £5m invested into the League Two club.
"The investment from Blue Sky International was a significant step towards change for Port Vale Football Club," added Deakin.
"Although I have only been involved in Port Vale for a relatively short space of time, this club has the potential to become a major player in the Football League.
"I am passionate about being a part of positive change here."