The Doncaster Free Press said South Yorkshire Mayoral Combined Authority had granted access to £138 million in funds to reopen the airport.
Coppard added: “Once they have that agreement in place, the Mayoral Combined Authority stands ready to assess the full business case in order to release the funding to support this deal, and to get DSA flying again.
“I know people want us to move quickly and we will, but I have said from the start, we will only ever do things in a way that protects taxpayers while giving both DSA and South Yorkshire the brightest possible future.”