Ligue 1 side Le Havre have agreed a deal to be bought by American investment group Blue Crow, a source close to the club told AFP on Friday.
Blue Crow also owns Spanish second-tier team Leganes and Mexican club Cancun.
"It is signed, the club has been sold," the source said, without specifying how much would be paid for the 96.21% share in the club.
Le Havre narrowly avoided relegation from the top flight on the final day of last season with a stoppage-time penalty in a 3-2 victory over Strasbourg.
They appeared in front of French football's financial watchdog, the DNCG, earlier this week, but any proceedings against the club were suspended pending the negotiations with Blue Crow.
Seven-time French champions Lyon were relegated to the second tier by the DNCG this week but have said they will appeal the decision.
