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Weymouth could fold within 24 hours if a backer does not come up with £100,000 to keep the club running.
The Conf South side have delayed entering Administration after it was confirmed to them that they would be wound up without a considerable cash injection to cover running costs. Director Paul Cocks told their official site: "The directors of the club are now under an obligation to take formal insolvency proceedings, and will be meeting as soon as possible with a view to commencing that process."
Three potential bidders for the club, including former Cambridge chairman George Rolls, have looked at the books but none have stepped forward with the cash. One has called the club's books 'in disarray' and that it would take weeks - not 24 hours - to resolve exactly what is owed, while Rolls says he only received a creditors list yesterday afternoon and couldn't make a decision based solely on that information.
Weymouth require the cash injection simply to allow an Administrator to run the business without incurring further debts for three months while the club is prepared to sale.