The Cumbrians, who began talks last month with an unnamed party over “a substantial investment in the club over a prolonged period of time”, expect negotiations to move on to an advanced stage.
Chairman Andrew Jenkins told the club’s official website: “There is not a lot we can say at the present moment but we are endeavouring to keep our supporters informed as much as possible.
“We’ve had several contacts with the individual’s agent this last fortnight over putting together a proposal and they have been seeking clarification on specific issues and requesting additional information.
“We are pleased with what both sides have done so far but these things take time and we remain in negotiations for what would be a substantial investment in the club over a prolonged period of time, rather than a straight cash injection.
“Once this latest information has been worked through, the next step will be to try to arrange a meeting with the potential new investor himself. We are ready to do that. It is just a question of time and logistics for getting the two parties together.”
The club’s managing director John Nixon announced last week that he will be standing down from his role “once the ownership issue has been resolved”.