Ex-Stevenage manager, Graham Westley, is expected to become manager of Rushden and Diamonds this week.
Caretaker manager Tony Godden has said that he wants the situation clarified.
"I have said to the board that the situation has to be sorted out this week one way or the other," Godden told BBC Radio Northampton.
Rushden and Diamonds were backed for many years by Max Griggs, who made his fortune from selling boots, but since he took a back seat, the club has gone down hill back into the Conference.
The Northampton Evening Telegraph says that Westley 'seems certain to be confirmed as Nene Park's new owner and first-team manager'
'Current chairman Helen Thompson confirmed this morning that the club are expecting to issue an official statement over the manager's job on Wednesday when the contracts have been signed.'
Later it was suggested by Rushden Today that the deal that will take Westley to R&D is being backed by Colin Hill brother of Weymouth manager Garry Hill.
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