Cape Town - Moroka Swallows CEO Leon Prins has confirmed that negotiations are underway to sell the National first Division club.
One of the oldest clubs in the country was last season relegated to the NFD and this season face another drop to the ABC Motsepe League.
The Dube Birds are 15th in the second-tier table with two games left to climb out of the relegation zone.
Reports suggest that prominent Swallows die-hard fan, Education MEC in Gauteng, Panyaza Lesufi, is fronting a consortium looking to buy the club.
"Nothing is 100% finalised. We have been talking for now, but it's 99% certain that it is going to happen," Prins was quoted as saying by Soccer Laduma.
"They (the new owners) are going to put a lot of money and effort into the club. Football today is a money game.
"I just want to do what is best for the club. It's been a tough two years, really hard. I want to see Swallows back at its best, it's where the club belongs."
Swallows will face fellow relegation candidates Thanda Royal Zulu on Sunday before taking on Witbank Spurs on 22 May.