Jenkins had an exclusivity period to buy the club but it has now expired. He confirmed three or four other parties are keen on buying the Championship club from Tahnoon Nimer.
One of those parties includes former Watford owner Laurence Bassini.
"It puts it very much in the balance and I'm led to believe there are a few very keen interested parties to do a deal," Jenkins told Sky Sports.
"It's not down to me fully, it's down to the current owners and their need to quickly do a deal.
"Personally, I need more time to be clear and just move forward cautiously to make sure things are right for myself. The other side I'm not in control of, the need of the current owners and the timescale they need to operate in."