Rhyl claim Paul Gascoigne is interested in joining the Welsh Premier and Welsh Cup champions next season.
Paul Gascoigne is desperate to find a club to start playing again
"He is keen and we are keen," said Rhyl owner Peter Parry. "I have spoken to Paul a few times and we will meet with him again next week.
"This is not a publicity stunt and it is not about money. We are an ambitious
club and are looking to improve."
Gascoigne is currently in Italy and has been without a club since returning home from an ill-fated stint in China.
One of the biggest incentives for the former England midfielder, 37, to join the north Wales club is the chance of playing in the Champions League for the first time.
Rhyl will find out on 25 June who their opponents will be in the first qualifying stage.
Their hopes of emulating Barry Town two years ago by advancing beyond the first stage have been aided by the news that the champions of Romania and Hungary will not be involved in the opening round.
Instead, Rhyl will accompany 21 other clubs into the initial stage, including the likes of Linfield and Shelbourne, respective champions in Northern Ireland and the Republic.
But the Lilywhites, who also won the Welsh Premier League Cup and the North Wales Coast Challenge Cup this season, could also face tricky trips to Armenia, Azerbaijan, Kazhakstan or Albania.
"It's going to be a trip into the unknown whoever we get because as a club we have never been involved before," said Parry.
"But while it's nice to be involved, our aim is to win. Even if we get through one stage, the opportunity to draw a big side exists and that has to be our aim."