The Chinese consortium keen on buying Hull City are still interested in the club and want to make it one of the best in the country.
The club announced in July that takeover talks would be put on hold until after the transfer window had closed in September, after initially opening talks with several interested parties in May.
Representatives of a Chinese consortium watched Hull's opening-day win against Leicester at the KCOM Stadium and it has been reported that current owners the Allam family will sell to a brother and sister partnership of Dai Yongge and Dai Xin Li.
"We have a Chinese club and many years of football experience," Li told the Daily Mail. "We have a love for the game and we want to learn about European football and share the passion of the Premier League.
"We still want Hull City and our ambition is to build the club and make it one of the strongest in England."
The club was put up for sale in 2014 after the FA rejected chairman Assem Allam's bid to change their name to Hull Tigers, a move which was vehemently opposed by the majority of Hull's fans.
The Allam family have since come under increasing pressure from supporters, whose discontent with how the club was being run reached new heights following the departure of former manager Steve Bruce in July.
Bruce had grown increasingly frustrated at the lack of new signings after Hull had won promotion back to the top flight in May and had expressed doubts about his future before Hull's playoff final win against Sheffield Wednesday.
Information from the Press Association was used in this report.