Hull City owner Assem Allam says he has rejected offers for the Premier League club as he wants to ensure it goes to a "good home".
The 75-year-old Egyptian put the club up for sale last year and BBC Sport understands there has since been interest from three potential suitors.
"I've had offers before and I've said no," Allam told BBC Look North. "I need someone to look after the club.
"If I'm looking for money only, we'd have been sold by now."
He added: "We have worked hard to reach what we have and we need a good home."
Allam, who took charge in 2010, put the club up for sale after his plan to change its name to Hull Tigers was rejected by the Football Association Council.
However, that decision was set aside by an independent panel in March and the way cleared for a fresh name-change application next season.
Allam's relationship with a section of the Hull support has been fractured by the name-change issue and 'Allam Out' signs have been displayed at some games this season.
The mood among Hull supporters has not been helped by the club's struggles in the league, with Steve Bruce's side sitting third-bottom, two points from safety with two games remaining.
The owner is reluctant to point the finger at Bruce, who he rewarded with a new contract earlier this year.
"There's nothing [more] we could have done," said Allam, who backed his manager to the tune of £30m in last summer's transfer market.
"We have a good manager, very experienced, and a good squad that professionals would tell you we would expect to be between 10 and 12th [position].
"But we had eight injuries for half the season. No other club to my knowledge in the Premier League had eight at one time. And still now we have two or three main players still not fit. It was very unfortunate."