Karl Oyston has suggested that he is ready to end his ongoing legal action against Blackpool supporters.
Lawsuits had been launched as a result of comments made online regarding the owners of the Lancashire outfit.
It has previously been claimed that fans faced fines of up to £20,000 as a result of the court case, but minutes from a recent 'Fans Progress Group' meeting, as quoted by The Gazette, suggest that Oyston is now considering an "amnesty".
"KO indicated the club is looking to conclude all legal action as speedily as possible and may consider an amnesty," they read. "However, action depends on the seriousness of offences."
Further action could still be taken against those who entered the field of play during last season's final league match against Huddersfield Town, however, which forced the match to be abandoned.
"KO agreed the sooner all action taken against fans is concluded the better, but accepts forthcoming action against the pitch invaders may upset some supporters.
"Oyston indicated many supporters will be given the opportunity to sign an acceptable behaviour notice without further consequence, and during this process it would be made clear that encroachment of the pitch is a criminal offence."
Blackpool are currently rooted to the foot of the League One table.