Bradford's joint-owner Mark Lawn has yet to receive any serious offers for the club. Lawn, who has been at the League Two outfit for three years, is in no rush to leave and is happy with their financial status, but he admits he would step aside with co-owner Julian Rhodes if the right opportunity came along.

He told the Telegraph & Argus: "There has always been someone looking at Bradford City since I came here three years ago but none of them have come up with the money.

"I've always said, if it's in the interests of both Julian and myself to go, we will go without making a penny profit. If someone's going to put in more than we can, we will do that."

He added: "This club are in a very good state of affairs. The shareholders are only myself, Julian and his father. There is no debt into it apart from my (£1million) loan. It's a very simple club.

"When people start looking at Crystal Palace, for instance, it's a lot more complicated, but it's important for me that if someone takes over this football club they know the history about it as well. It wouldn't be just about the money but the long-term financial security."