Yeung is at the centre of a court case for money laundering which has seen his assets frozen and last week the companies auidtors resigned.
The offer from Paladini is substantially less than the £81.5 million Yeung paid for the club three years ago. It is thought the deal is worth £30 million of which £13 million would be deferred.
The only other interested party seems to be a Hong Kong based consortium, but unless a buyer can be found soon Yeung's own financial woes may drag the club down with him.
The last thing boss Lee Clarke wants is a fire sale of his squad in January with England 'keeper Jack Butland top of the wanted lists at many clubs.
Everton are the latest club to be linked with a move for Butland but no written bids have been made according to Clarke.