Mansfield Town chairman Keith Haslam has invited supporters' group Team Mansfield to make a bid for the League Two club. Haslam, who bought the Field Mill club in 1993, has been criticised for taking out personal loans.
He said: "The director's loans have been repaid and Team Mansfield has been invited to make a indicative offer for the club."
Fans are set to hold a protest before Saturday's match against Macclesfield.