The administrators of League One side Wigan Athletic hope for a decision to be made over the club's potential new owners by the end of this week, according to reports.
The EFL turned down a proposed takeover of the Latics by Spanish bidders last week after a transfer of the club's membership to the planned purchasers could not be agreed upon.
The club's administrators, Begbies Traynor, have received an explanation from the EFL over this and, subsequently, a member of the bidding team had dropped out of the running.
Changes were made at Companies House over the weekend and one bidder now remains.
According to the BBC, this is the owner of La Liga outfit Leganes, Felipe Moreno, and the Latics are hoping that a decision can be reached over the club's prospective ownership by the end of this week.
A statement from the Latics administrators read: "The EFL Board are not in a position to agree to an application to transfer the Club’s membership in the EFL to the proposed purchasers as the League’s requirements have not been satisfied.
"We have received a detailed letter from the EFL explaining the reasons why.
"We can confirm that one member of the Bidding Team, that has been providing advisory services and was to provide a small proportion of funding, is subject to a Disqualifying Condition (as set out in EFL Regulations).
"By mutual consent, this member and all members of the Bidding Team related to this member have been removed from the process and from the Bidding Team. These changes have been reflected at Companies House over the weekend.
"The funds that were to be provided by these members are not to be utilised by the Club going forward.
"The remaining member of the Bidding Team, within the EFL submissions made to date, has already provided proof of funding to show sufficient funds for the acquisition and two years trading as required.
"We are continuing to work with the EFL and are in the process of providing revised submissions to reflect the revised position of the Bidder with the hope of bringing this matter to a satisfactory conclusion."
Wigan currently sit bottom of the League One table on 11 points.
The Latics were relegated to the third tier of English football after falling into administration and having 12 points deducted from their 2019/20 tally in the Championship.
