A meeting to decide the future of Leeds United has been put on hold to allow a recount of votes to decide who the football club should be sold to.
Ken Bates, who put the club into administration on 4 May with debts of £35m, needed 75% of the votes of creditors to win control.
The original count showed he had 75.02% of the vote, administrators KPMG said. The recount is scheduled for Monday.
Mr Bates has offered to repay one pence for every pound of the club's debt.
The closed meeting had been prolonged because of "heated objections" to the sale process, the BBC learned.
"Fans will be concerned that Leeds will not be up and running and ready to start the new season in August."
It is understood there was some debate on whether one of four other consortia would be better for creditors.
All five consortia have proved they have the funds in place to buy the stricken Yorkshire club, KPMG said.
And Leeds supporters' chief Ray Fell fears the battle for control of the club may end up in the courts.
"I think fans will be bewildered as they were hoping for some indication of where Leeds will be going, but that has not happened because this will run and run for a while," he said.
"It's possible that this will go to the courts. It could be any one of the creditors who can challenge it legally and it will not be a surprise to me if that happens from what I have heard.
"Fans will be concerned that Leeds will not be up and running and ready to start the new season in August."
However, Mr Bates was clear favourite to emerge victorious from the meeting.
KPMG has refused to identify the five would-be investors ahead of the company voluntary arrangement (CVA) meeting.
But local property developer Simon Morris and Duncan Revie, son of former manager Don, have lodged an interest.
Winding up order
Mr Bates was forced to call in the administrators on 4 May prior to the final game of the season, a decision which confirmed their relegation to League One.
The club is £35m in debt and the Inland Revenue has issued a winding-up order because the club has an unpaid bill of £7m.
And the balance sheet revealed a £10m cash injection was required to keep the club alive.
But with the approval of administrators KPMG, the club were immediately sold to a newly-formed company, Leeds United Football Club Limited, of which Mr Bates is a listed director.
Joint administrator and KPMG Restructuring partner Richard Fleming said: "While we have marketed the business and secured alternative offers for the club, we have also had to advise creditors that more than 25% of the creditors by value have informed us that the deal on the table, to sell the club to the newly-formed Leeds United Football Club Ltd, is the only proposal they will support.
"Given a CVA proposal requires the support of 75% of creditors by value, this would appear to make it difficult for any other offer to be successfully progressed."
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