Brazil legend and Real Valladolid owner Ronaldo Nazario has confirmed he is planning to put the LALIGA club up for sale.
Valladolid currently sit in 19th position on the league standings, having registered just three wins from 18 matches.
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Supporters have also called for Ronaldo to sell his stake in the club after the decision to sack former coach Paulo Pezzolano.
The World Cup winner has confirmed they are in the process of negotiating a sale of the top-flight club.
"It's very easy. My intention has been going on for a long time. I did a spectacular job at Cruzeiro, we restructured a club in an opportunity that, honestly, was very irresponsible on my part," Ronaldo told Globo Esporte.
"Taking over a club in Serie B, with a billion-dollar debt, winning Serie B, recovering prestige, clearing the debt, controlling and building a competitive team for Serie A. I think it was a spectacular job and when I understood that I couldn't go any further because I needed more investment, I made a deal (to sell) Pedrinho Lourenço.
"With regard to Valladolid it's the same thing. We are negotiating a possible sale very soon and we must close the deal. It will not be an impediment to my candidacy."