Durrell Berry is set to leave Conference side Torquay next week, according to manager Chris Hargreaves.
Berry, 22, after failing to find a club since last summer.
But Hargreaves says the former Aston Villa youngster has had an offer of a full-time contract from another club.
"He's had a seven-day approach, which means they have to give us seven days to be able to speak to the player," Hargreaves told BBC Sport.
The Torquay manager had said in November that he but tight finances at the club mean they have not been able to get a deal together.
Former Oxford United chairman Kelvin Thomas has been brought in to with chairman Thea Bristow in talks about selling part or all of her stake.
"I've got a good relationship with Durrell. We've been honest with each other from the start," Hargreaves added.
"I've put him back in the shop window. From him not having a club, he's played and I think he's a good player.
"It is out of my hands - the financial side of things - so if on Monday he goes, we wish him luck and thank him for his services, and if we manage to get him to stay then we do."