Club Concorde, which is made up of former captains and other aviation enthusiasts, is aiming to buy two aircraft – putting them on display in central London.
According to the BBC, negotiations are underway with Club Concorde president Paul James hoping to source both jets from France.
"We have been overwhelmed by the amount of enthusiasm and people wanting to invest," James said.
"The support shows how much people still admire Concorde and want to see it flying again.
"The plane we would like to get in the air is at Le Bourget in Paris. We had wanted to lease and restore a British Airways Concorde for display in London - next to the London Eye - but this has not been possible, so again we are looking to France and a Concorde near Orly airport."
Concorde’s last flight was in 2003 when both British Airways and Air France decided to retire the jet.