Tomorrow could be a new D-Day in the Saints roller coaster taker over saga.

Prospective buyers Pinnacle Group will hold talks with Football League bosses to thrash out a deal they hope will see them buy the club.

The talks come just two days after Pinnacle frontman Matthew Le Tissier claimed the take over could be complete by Tuesday.

He has revealed that Pinnacle is now prepared to accept a 10-point penalty in order for the deal to go ahead.

The penalty points, imposed by the league when Saints went into administration in April, have been a major stumbling block in Pinnacle's bid to buy the club.

Pinnacle have been pressing for the right to appeal against the points deduction but the league have denied them a licence to play next season unless they vow not to take any legal action.

Now Le Tissier, who would be club chairman if the deal goes through, as said Pinnacle would now agree to the Football League’s demands.

The development comes after administrator mark Fry issued a “grave” warning that he may have to start winding up the club by Friday.

But yesterday former Saints midfielder Le Tissier said Pinnacle would meet the Football League tomorrow with a view to finalising the deal a day later.

The process of the takeover had been delayed by the Football League's insistence that Southampton's new owners do not appeal the 10-point penalty placed upon them for legal irregularities.

Le Tissier said his consortium was “still 100 per cent committed” to taking over Saints.

His statement added: "We're very confident that the issues with the Football League can be resolved on Monday, even if it means conceding on the right of appeal to the ten-point penalty.

"I personally have friends at the football club who have not been paid this month and I want them to know every effort is being made to conclude this as quickly as possible.

"We hope to finalise the deal by Tuesday at the latest."