Manchester City goalkeeper Kasper Schmeichel has welcomed interest from Falkirk.
He said: "It's nice to hear that - it's an honour that they want me back.
"I don't know what is happening as I've not spoken to anyone at Eastlands, but hopefully the takeover will be sorted out soon."
Bairns boss John Hughes said: "Kasper knows we want to bring him back here and once City get a new boss the picture will be clearer."