Reds owner Peter Doyle gave the following statement on the Official Website this morning.
He said: "I am glad to say that discussions are heading in the right way and I am very hopeful that we will be in a position to make a full statement next week.
"Unfortunately that is all I can say at the moment but I am not at all worried with the direction of the discussions and I am happy with the way things are progressing".
Meanwhile the Sheffield Star said the deal to sell Barnsley was back on track today with Peter Ridsdale expected to be confirmed as the new club chairman next week.
A dramatic turn of events yesterday afternoon ended with current owner Peter Doyle satisfied that his short stint as Oakwell owner will end probably in a matter of days.
But one source close to the Ridsdale consortium said that the club could have come within an hour of closure as Doyle lost faith in the delivery of the takeover package.
Patrick Cryne and Gordon Shepherd are understood to be financing the buy-out which it is thought will cost around £6 million.
Peter Doyle said: "Everything is in the right place now, I am sure it is going to happen".
It is thought that Doyle took out loans to put together his buy-out and take the club out of administration in December. It is also understood that he will more or less break even as the new regime assumes control.
Ridsdale will take over the boardroom. Previous chairman John Dennis will tender his resignation.