Since the club were kicked out of the English Football League, the home has not been used.
A group of fans are trying to buy the club and the stadium, and they say they have a deal in place.
The purchase is expected to be completed by the end of January.
The fans were promised a million dollars from a government scheme to buy the ground.
Est 1885 said that if the deal goes through, it will return football to the original name of the club.
The group said they appreciated the progress the club has made in recent years, and formed a working party with their representatives together with the Football Supporters Association and the council to discuss it.
"We want to return football to Gigg Lane and we have a name for that."
Matt Pickup of Est 1885 said that all parties were working on a target of football returning to the ground in August of this year, in time for next season.
He said that they want to get things done as soon as possible.
We want a single club in the town of Bury. All parties are going forward. The working group we have with them has been positive and that will continue in the coming days and weeks.
"After years of bad news, we've had a bit of great news."
Steve Dale put the club into administration in November 2020 after they were kicked out of the English Football League.
Est 1885, a group of supporters, entered into a period of exclusivity to buy the club from the administrators.
Once more details of future plans are known, the members of the club will be able to vote on them.
They said there was no reason for concern about the club, players or staff.
We are committed to ensuring there is one club representing the town next season, and there is no intention to stop this club or its progress to date.
The most recent step forward is the analysis.
Bill Rice is a radio host.
It seems like this is the biggest step towards football returning to Gigg Lane for the first time since they were kicked out of the English Football League.
Deals to buy the club's name and the ground are exchanged. The Est 1885 group are confident that they have the funds to buy the club, thanks to benefactors, fundraising and council funds.
Once the transfer is complete, the next question is whether a resolution can be found that will see the newly formed club merged with the old club and play at the same ground, or if the town ends up with two different clubs.
