The Football League have given the Bantams the green light to play their opening game in Coca-Cola League One against Hartlepool United.
It is all a far cry from July 1 when the cash-strapped club did not even look as though it had a future.
The Bantams were set to go out of business after former chairman Gordon Gibb rejected a request to waive his claim for an annual sum of #300,000 in ground rent.
But City pulled through one of the darkest hours in its 101-year history following a last gasp reprieve.
Now there are signs that the Bantams may actually be turning the corner and trying to get back on their feet again.
Former chief executive Julian Rhodes has just pumped a quarter of a million pounds into the club after fans and businesses raised the same amount within the space of two months.
And, having struck a deal with Mr Gibb to meet rent payments, he has put the finishing touches to a Company Voluntary Arrangement which is expected to outline a financial package for the club's creditors. If that is accepted, City could emerge from administration.
Reacting to the news from the Football League, Joint Administrator Neil Brackenbury told the Bradford City website:``This is a very positive step and allows the club to start the new football league season, during which we hope the CVA will be approved.
``This would allow the club to exit from administration and thereby securing its future.
``We are extremely grateful for both the patience and support shown by all the staff during these last few weeks.
``Their action in deferring wages has enabled the club to continue whilst discussions continued.
``We appreciate that this summer has been a worryting time for the supporters but we hope that this news provides them with renewed optimism for the season ahead.''