CLEM Morfuni has applied to the EFL for prior approval to become a ratified owner ahead of his attempted purchase of Swindon Town being completed.

The EFL released a statement on Wednesday in which it said it "continues to work with Mr Morfuni, considering his application, such that if Mr Morfuni does acquire ownership, he is in a position to meet his obligations required under current rules."

Town's minority shareholder was told by a High Court judge recently that he is able to purchase all 85 remaining shares from owner Lee Power, with the process currently underway.

While an overwhelming majority of people wish to see Mr Morfuni own the club already and the planning for the new League Two season already well underway, a recent row between Mr Power and Mr Morfuni means this is not the case.

Town released a statement on Saturday in which it accused the club's minority shareholder of holding up the progress of the sale before Axis - Mr Morfuni's business - hit back, accusing Mr Power of 'misinformation' over the reasons for the delay.

Elsewhere in the EFL's statement, it said it "continues to monitor the ongoing concerning developments" at Town "alongside the proceedings in the High Court in respect of ownership issues at the club."

However, while some fans have called for the EFL to take over the running of Town while players and staff went unpaid in June, the possibility of the EFL taking over the running of struggling clubs temporarily was put forward during the Owners' Conduct review in 2017-18, but the majority of owners at the time voted against it and as such the EFL remain powerless when clubs get into trouble.

And although Town's future is beginning to look a little brighter, there is still the possibility of some repercussions for the club due to the outstanding Power v Standing court case - due to take place in early September.

The EFL said it would not hand down any punishment until all matters are resolved and that it would "take the most appropriate action available to it under its regulations."

Though as part of the Owners' Conduct review, the EFL board has the right to take action against individuals and not a club if they feel it is necessary once those matters are concluded elsewhere.

The EFL ended its statement by saying it will "continue to work with Swindon Town and relevant stakeholders as they seek to ensure a successful and viable long-term future for the club and all those associated with it, particularly its players, staff and supporters."