Richard Lamb will meet administrator David Wilson for discussions in Leeds early next week as he weighs up the prospect of making an offer for the Bulls.
The club was placed back into the hands of the administrator this week when Bradford Bulls 2014 Ltd withdrew their bid.
Lamb’s initial offer was turned down by Wilson last week but he remains keen to seize control and is believed to be facing competition from at least two other interested parties.
The London-based businessman said: “David Wilson has contacted me and I plan to meet him early next week.
“I had offered to help out with the running of Sunday’s game but the administrator said everything was in place.
“Ralph Rimmer has also been in touch and, in theory, hopefully things will start to develop next week.”
Lamb had originally planned to attend Sunday’s game against London after being invited by Andrew Calvert, who left the club this week along with Mark Moore and Ian Watt.
Lamb added: “Andrew has contacted me to say he would definitely not be going to Sunday’s game.
“And I think it would be inappropriate of me to attend because I was previously invited by the old directors and the club is now being run by the administrator.”
Meanwhile, Hull FC coach Lee Radford has backed up Francis Cummins’ claims that the tapping up of players is rife within the game.
The Bulls chief spoke of the “vultures circling” his players since the start of pre-season but Radford said agents were playing a part in the process.
The ex-Bradford player, who brought Garreth Carvell to the club from Odsal, said: “I’ve read Franny’s comments that the vultures are circling, but it is difficult for other coaches when agents are ringing and saying this guy is available or that guy is available. It is going on, dead set it’s going on.
“But poor management has effectively put a lot of blokes at risk of not getting paid. You don’t ever want to see that in our sport.
“I know a lot of the off-field staff there and it is sad to see a club like that with such history and, certainly in the Super League era, that’s had that much success.
“I’m surprised it’s come to this in the short time since I left but as a player you don’t know where the dollars are going.
“It’s bad management off the field that has effectively cost a great club.
“It’s been a rollercoaster there since the Bulls went into administration first time around.
“It’s unfortunate for them but it is what it is.”
Meanwhile, it remains to be seen whether Carvell will be fit to face the Bulls in next Friday’s clash at the KC Stadium.
The prop is nursing an ankle injury and has not been included in Hull’s squad for their clash with his former club Warrington on Sunday.