League One side Rotherham United have told the Football League that they may fold within weeks as they need £1million to survive the season.
Currently losing £140,000 a month, Rotherham Chairman Peter Ruchniewicz told the official website: "We are sorry to have to tell you that the club's financial position has entered a critical phase and there is the very real prospect that the club will be advised to cease trading within the next few weeks unless within that time we can find credible individuals with sufficient savings additional funding to take it forward.
"Heaven forbid, but if the club does cease trading it is likely to go straight into liquidation - it seems unlikely it could go into a formal administration given its limited resources and the level of funds and assets required. This would mean that the club would go out of existence, a thought too dreadful for any of us to contemplate but nevertheless a very real possibility."
Rotherham have set up a Save Our Millers campaign to raise £1million to keep going to the end of the season, but also require £1million to run through next season.