WREXHAM chairman Mark Guterman is set to thrash out the way forward for the troubled Second Division club with managing director David Rhodes this week.
Speaking before Saturday's 3-0 victory over Grimsby - watched by the second lowest Racecourse crowd of the season - majority shareholder Guterman insisted that going into administration was not an option.
"Under no circumstances will this club be going into administration, which is one of the things I keep hearing," he said.
"I can categorically deny that that will happen.
"We are sorting our problems out. There is a way forward and we are going to come out healthier and leaner."
But the extent of Wrexham's financial woes - which manifested themselves in the late payment of wages for the third time in recent months - suggest there is little fat left to lose and manager Denis Smith is already operating with the smallest squad of players of any club in the division.
Guterman told the Daily Post that a re-financing package was currently being negotiated and the Cheshire-based property developer is also pressing ahead with plans for an ambitious commercial development linked to the Racecourse stadium, which would benefit from a new all-seater stand replacing the only remaining terraced area at the Kop end of the ground.
In addition, former Lincoln City chairman John Reames, an influential member of Football Leagues in the past, is set to act in an advisory capacity as Guterman bids to establish firmer financial foundations.
The manner of Saturday's emphatic win was testament to the camaraderie Smith has forged at the Colliers Park training ground, where the players are normally insulated from the day-to-day concerns at the club.
But the Daily Post's decision to lift the lid on the current turmoil at the Racecourse was welcomed by many of them and was a major talking point on the terraces and in the executive lounges both before and after Saturday's game.
Speculation continues to surround Rhodes' immediate future with the club, despite official denials that last week he came close to ending his 20-year association with the club because of the stress and strain he has suffered.
And as he considers his position he will not have been comforted by the weekend gate receipts which, after expenses and VAT have been deducted, won't meet the club's running costs for a week.
Wrexham have only one further home league match this month and face an expensive trip - probably involving an overnight stop - to Plymouth at the end of March.
