Notts County have denied that the Football League is unhappy with the takeover of the club by Munto Finance, reports BBC Sport.
Executive chairman Peter Trembling described weekend newspaper reports suggesting otherwise as "laughable".
The Football League issued a statement on Monday saying that discussions with the League Two side regarding their ownership structure were ongoing.
But County say they expect a statement of satisfaction with the takeover to by released by the League on Tuesday.
A Football League spokesman said: "We have received Fit and Proper Persons documentation. Discussions are ongoing with regard to the club's ownership structure."
The Magpies have barely been out of the news since Middle East consortium Munto Finance bought the club during the summer and installed former England manager Sven-Goran Eriksson as director of football – Sol Campbell, the former Arsenal, Tottenham and England international recently signed for the League Two outfit.
But mystery surrounds who is actually behind Switzerland-based Munto Finance with Trembling, former commercial director at Everton, fronting the consortium of investors.