Northwich Victoria owner Mike Connett is looking to try and sell the club.
"I might be looking for a buyer for the football club, but that doesn't mean administration," Connett told the Mid-Cheshire Chronicle.
"You sell a company because you've had enough. If I want to sell a business it's because I'm not happy with it."
He took control of the Vics in November 2004 and owns the club's ground, where Manchester United play their reserve team games, and surrounding land.
The Vics finished 13th last season but have been on a downward spiral since the departure of Steve Burr in the summer and have won only two points this season.
Dino Maamria is holding the reins as the club's third manager of the season and Tuesday night's game against Kidderminster attracted a crowd of just 481.