Reports in the United Kingdom press say Manx-based businessman Trevor Hemmings is spending £750,000 a month on his football club.
Mr Hemmings is a lifelong fan of Preston North End and took it over last year when it faced being wound up by the UK taxman.
Since then, he has spent around £25 million on the League One side which was relegated from the Championship last May.
Mr Hemmings is reported as saying he is having to find £750,000 each month just to keep Preston North End going.
New FC Isle of Man deal for Rick Holden?
Former Premier League star is open to talks about staying on as manager
Former minister urges talks to continue over IoM Sport funding
Budget shows 'significant investment' in infrastructure, says Allinson
FC Isle of Man win to stun league leaders
Ravens deliver smash-and-grab job against Wythenshawe
FC Isle of Man to welcome league leaders Wythenshawe
It'll be the first of six consecutive home games for 'The Ravens'