The consortium seeking to buy Bradford Bulls have no intention of moving the club to Valley Parade, administrator Brendan Guilfoyle has revealed.
Guilfoyle has confirmed he had received an offer from the ABC consortium, a group of local Asian businessmen, for the financially-stricken Super League club.
But Guilfoyle, partner at Leeds-based The P&A Partnership, says the offer is conditional on the prospective new owners buying back the lease of Odsal Stadium and the Bulls retaining their Super League status.
The Rugby Football League bought the lease for £1.25million in January to help the club pay off debts and safeguard the stadium's future as a rugby league venue.
The conditions laid down by the consortium, which is thought to contain property developers, led to speculation Odsal could be sold and the Bulls could once more move in with Bradford City but Guilfoyle tonight insisted that was not the case.
"I asked them about it [on Wednesday] and they told me that suggestions they were trying to lift the restricted covenant were wrong," Guilfoyle told BBC Radio Leeds.
"Inevitably there is speculation from fans but I don't see any evidence of anybody trying to move to Valley Parade.
"They are quite comfortable with playing at Odsal. They are looking at how they can increase the revenues at the club because that's what is necessary to stop the losses and they see the Coral Suite as an under-used asset."
Guilfoyle confirmed he is to meet the RFL on Friday to update them on the offer, saying: "The consortium has made an offer that is a basis for negotiations with both the administrators and the Rugby Football League.
"The next few days are going to be critical for the club. I can't speculate on what the outcome will be. The ABC consortium, the RFL, the administrators and professional advisers for all parties will be focused on trying to get a deal over the line."