The extension of the leases may have to be finalised within days after the Football League confirmed to Bulls News that the lease documents would have to be ready when their inspection team visited Edgar Street.
That visit could be as early as February - meaning that the club could have just days to finalise the lease extension.
The Football League told Bulls News that inspection teams were set to visit all 'applicable clubs' during February, and that the lease documents would need to be in place for that visit.
The lease in question, which expires on 10th August 2015, has been the subject of hot debate since Graham Turner admitted 18 months ago that the requirement for a 10 year lease could become a problem but Turner has seemingly shrugged off worries about the lease, assuring recent Liaison meetings that the matter would be sorted in time.