David Beckham's advisor Terry Byrne has confirmed he is heading a consortium in talks with Leyton Orient regarding a potential takeover.
Leyton Orient chairman Barry Hearn is discussing the ownership of the club with investors and Byrne is hopeful a deal can be concluded.
However, Byrne has stressed that Beckham is not involved in his group and neither is business associate Simon Fuller.
"I wish to confirm that myself and a consortium of investors are in discussions with Barry Hearn with a view to take over Leyton Orient FC," Byrne said in a statement.
"I wish to also confirm that neither David Beckham nor Simon Fuller are part of this consortium.
"My close personal friendship with David has led to elements of the media incorrectly speculating his involvement.
"Although I have previously managed David Beckham and continue to be partners with Simon Fuller, this current opportunity is being prepared by myself and a number of key influential business associates.
"In the event that we successfully conclude matters with Barry Hearn, a further announcement will follow."
Leyton Orient are currently struggling in 20th place in League One and recently parted company with long-serving manager Martin Ling.