Bradford chairman Peter Hood is preparing to leave the club after repeated calls for his resignation.
Hood, who last month launched the club's desperate appeal for £1million to save them from bankruptcy, revealed today he is to stand down after six years at the helm and 18 years on the board.
Hood wrote in the match program before Bradford's 20-6 defeat against Huddersfield on Sunday, saying he now anticipates leaving Odsal.
"I anticipate this being my last contribution to a Bradford Bulls programme," Hood wrote.
"For a handful of shareholders in Bradford Bulls Holdings led by former chairman Chris Caisley, who between them hold slightly in excess of 50% of the company's share capital, have given notice that they intend to vote myself and Andrew Bennett out of office at an extraordinary general meeting called for next month.
"From my personal perspective, it has been an honour to have served the club for more than 18 years in total since 1989.
"I shall take with me many fond memories - for colleagues past and present, for friends made across the rugby league community, for famous victories and infamous defeats.
"There has been speculation that Mr Caisley and his cohorts may be in a position to introduce new funding into the club.
"If that proves to be the case, it is to be greatly welcomed and applauded for, as we know, the role of moneymen these days is central to sporting success.
"Neither I nor Andrew Bennett would wish to be an impediment to that."