Crawley Town's players have had their wages cut to save the club from heading towards administration.
Boss John Hollins is eager to turn matters around at Crawley
The Crawley squad have seen their pay docked by 50 per cent in a bid to cut costs and all the players have been placed on the transfer-list.
"We had to make that decision. There is more money going out than coming in," Crawley's assistant general boss Ben Taylor told BBC Sport.
"The club can't sustain losses going on," he added.
"At the moment an investor has pulled out and it's a big challenge.
"The chairman cannot sustain the money going out each month since the backer has pulled out.
"We have spoken to the Conference and the PFA and we are abiding by their rules and regulations."
Crawley were bought out last summer by the SA Group, whose owner Chas Majeed took over as club chairman.
Majeed, whose company owns a chain of bars, restaurants and shops, gave the go-ahead to switch to full-time status.
But the contracts awarded to players have stretched the Conference club beyond its means.
Poor results on the pitch have exacerbated the problem with the Red Devils currently in the relegation zone.
"The chairman put his money where his mouth is, but the results have not come," added Taylor.
"Attendances are down on last season and the money is not coming into the club.
"If we were winning matches, fourth in the table and with crowds of 2,500 coming in we would not have this problem."
Taylor admits that the players are not happy at losing half of their wages and talks are on-going regarding the situation.
So far, though, only experienced midfielder and former caretaker-manager Simon Wormull has left to join Conference South side Lewes.
"We don't want to be paying them only 50 per cent. We want to be paying full wages, winning games and for everybody to be happy," said Taylor.
"But they have been utterly professional and got on with their jobs. There have been no strikes.
Simon Wormull scored four goals in 44 appearances for Crawley
"They have all been turning up for training and have turned in a couple of good performances."
Taylor believes there is enough ability in the Crawley squad, managed by John Hollins since November following the sacking of Francis Vines, to stay up.
And he insists that under the guidance of Majeed, Crawley will prosper once it has brought its finances under control.
"Crawley does have a strong future, that's why we are doing this. There are no worries about this club disappearing," Taylor added.
"There is a lot of frustration at the moment. But Chas is doing what is best for the club and the supporters.
"He has his heart in this club and he will turn it around."