Bradford Bulls: Two bids lead race to buy Super League club
The RFL has confirmed bids from Omar Khan and Bradford Park Avenue are the front runners to buy Bradford Bulls.
The Super League clubs were told of the developments on Wednesday.
"We have received business plans from the Bradford Park Avenue consortium and the Omar Khan and Gerry Sutcliffe consortium," RFL director of licensing Blake Solly told BBC Radio Leeds.
"The bid from Super League (Europe) Ltd remains on the table but it is very much a last resort."
The Bulls have been in administration for almost two months having entered it on 26 June.
Last week a deadline on 21 August was set for the four consortiums that had submitted unconditional bids for the club to come forward with a concrete business plan.
Solly is now confident that the situation can soon reach a positive conclusion.
"We're going through the business plans and the financial forecasts and we're hoping to meet with both consortiums in the next week," he added.
"We want to get it done as soon as possible because we understand people are frustrated by how long the club has spent in administration. What we want to make sure is that the person who comes in isn't just the right person for the next 12 or 18 months but for the next 10 to 15 years.
"We're hoping to have decided upon a buyer in the coming 10 days but if we can do it any sooner than that we certainly will."
Despite being deducted six points for entering administration, the Bulls remain in the Super League play-off places with two matches remaining.