Bray Wanderers’ players have given club officials a Monday deadline to furnish them with evidence that finances are in place to run the club through the remainder of the season and into 2018.
Earlier in they day, Bray chairman Denis O'Connor apologised for the unease caused by the club's "honesty" in outlining their financial difficulties last week and revealed that the club had written to the the Professional Footballers' Association of Ireland assuring them that all player contracts would be be honoured.
"The club are pleased to announce that within the past week funding has been organised to fulfil the remainder of the season and into 2018," a statement from O'Connor read.
"We regret the unease caused by our honesty and the concern it caused to our fans/players/coaches/our fellow clubs in the League of Ireland and their fans/FAI and the greater football community including St. Joseph's Boys plus the Wicklow leagues.
"To all, my apologies.
"We had a very busy week and are now in a better place because the call was answered by people in County Wicklow and South Dublin."
The FAI subsequently released a statement which read: "The Football Association of Ireland is encouraged that Bray Wanderers FC have declared that they have received the necessary funding to complete the 2017 SSE Airtricity League season.
"The club will now be required to provide the Independent Licensing Committee with confirmation as to their current financial status and adhere to the protocol set down by the Committee in relation to maintaining a Licence for the current season."
"We do not feel confident about our future at the club"
However, the upheaval at the club has clearly shaken the confidence of the Bray squad, with a statement from the players issued on Thursday evening stating: "Following the correspondence received from the club to our union today, we the players would like to make the following statement.
"At a meeting on Tuesday, club chairman Denis O’Connor agreed to allow our union, PFA Ireland, assess any potential new investment and confirmed that any such investment would be bonded and secured.
"The chairman has today stated that investment is now forthcoming but we have received no bonding, security, guarantee or even details as to where it has come from.
"Our union also written to the FAI licensing department where it has sought similar confirmation of such concrete guarantees of such concrete guarantees but we receive no substantive reply, merely correspondence to say that they are again monitoring the situation.
"In view of the event of the last six days in which completely contradictory and confusing statements have been made by the club, we do not feel confident about our future at the club.
"As a squad, we feel this is not enough to guarantee our commitment for the rest of the season and beyond so we are therefore giving the club a deadline of close of business, Monday, to provide us with the appropriate information together with the promised guarantees and security. If these are not received, we will examine all other options available to us ahead of the next fixture against Cork City."
At half-time during last Friday's 3-0 home defeat by Dundalk, the club released a statement bemoaning poor attendances and asserting that it was "not viable" to run a League of Ireland club with such a level of support.
The PFAI reported on Sunday that Bray Wanderers had been informed that there was only enough money to cover their wages for another week, with O'Connor telling RTÉ's Soccer Republic a day later that that he could not offer supporters any assurances about the club's future.
