Liverpool managing director Martin Broughton insists the club won't be sold without the board's approval.
Chinese businessman Kenny Huang yesterday expressed his interest in assuming control of the Reds, with suggestions he would seek to acquire the club's £237million debt from principal lender the Royal Bank of Scotland.
However, Broughton, who was brought into the club in April to facilitate a sale, revealed there had been 'several' bids for the Reds and insisted the decision over the sale will be made by the Liverpool board.
"Any bids that go straight to RBS - and there have been several - come to me and are directed to Barcap (Barclays Capital)," he told The Guardian.
It is hoped a deal can be completed by August 31.
Broughton, who was brought in to oversee the sale process, added: 'It still remains the objective to conclude a deal before the end of the transfer window.
"That remains the objective but there are no deadlines, and we will continue working to complete the process.
"Both George Gillett and Tom Hicks remain on the board and they have given commitments that the board of Kop Holdings (Liverpool's UK parent company) is the party that is responsible for the sale."