Bulls chairman David Keyte has confirmed the club has held talks with an Administrator over the club's financial position.
Keyte reveals the tax debt is around £36,500 in his latest statement on the official site, and includes an offer to leave the club if a new investor required it:
"We have been in several discussions with stakeholders, including the Council, to attempt to resolve matters prior to the 27th January.
"We have also sought the advice of an Administrator should the worst scenario actually be necessary. I would stress that remains our last resort.
"To lose the much discussed telecoms deal at the last hour is a massive blow to the club but is absolutely the correct conclusion when we consider the long term future of the stadium and future proposed developments.
"The Council solicitors and our own Club solicitors were in total agreement on this.
"We therefore continue to seek new investment whether that is someone to come alongside the current Board or even to replace the current Board."