Crawley Town administrator Rob Sadler has suspended Wednesday's midday winding-up deadline. BBC Southern Counties reports that the deadline was scrapped to allow a final bid for the club to be considered.
The Majeed family had already had two bids rejected but upped their offer to creditors to 50 pence in the pound in the final hour before the deadline.
If the club is wound up then they will lose their Conference status and must restart a minimum of two leagues below.