Paulo Di Canio is expected to be given significant funding to spend on players to help Swindon Town push for promotion to the Championship.
The League One club announced new investment and a possible £2m could be invested back into the playing squad for Di Canio to spend.
The club said in a statement: "The new investment is tremendous news; it will help Paolo and his team in the push for the Championship and also progress the long awaited re-development of the County Ground.
"I look forward to discussions in the coming weeks with prospective new investors who could provide us with further firepower. We have a very exciting season ahead."
Swindon were promoted from League Two last season.