Paris Saint-Germain owners Qatari Sports Investments (QSI) are set buy a stake in Leeds United, with the aim of taking complete control at Elland Road if the Yorkshire side win promotion to the Premier League this season.
Leeds' current Italian owner Andrea Radrizzani is looking to sell the club, but values them at £80m - twice what he paid for Leeds back in 2017.
According to the Daily Star, several investors including QSI have held talks with Leeds but Radrizzani has been unable to offload the club. However, should Marcelo Bielsa's team achieve promotion back to the Premier League, there would be a greater chance of a deal being done.
The report claims that QSI are 'on the brink' of an investment deal worth £10m, while they plan to complete a full takeover worth £120m if Leeds can earn promotion to the English top-flight.
United currently sit atop the Championship table, above West Brom - who are to play on Sunday - following Saturday's 2-0 victory over Yorkshire rivals Huddersfield, and eight points clear of Fulham in third.
Goals from Ezgjan Alioski and Pablo Hernandez secured the three points this weekend, but Bielsa wasn't entirely convinced by his side's performance and wants to see even more from his players - despite them now being unbeaten in their last nine matches.
"We defended set-pieces badly, but our first goal from Alioski made it easier for us to develop the play," said Bielsa. "In the first half we should have created more chances, but we had some opportunities and we couldn't end them very well.
"We could have scored more goals, but we could have conceded a goal as well," he added. "We struggled with our last past when we arrived in good positions, but it's good to have chances rather than not."
Leeds currently have four more points than they did at the same stage of last season and are in line to return to the Premier League for the first time since 2004.