Finbarr Flood, the interim Shelbourne chief executive, has confirmed that the club is putting plans in place to fulfil its requirements in the Champions League and Eircom League.
It had emerged that Shelbourne were likely to concede their right to play in this season's Champions League and the eircom League Premier Division.
Shels have already sensationally declined to take part in this season's Setanta Cup.
The league champions are in dire financial straits and have lost most of their league-winning squad during the close season.
