Cash-strapped Widnes are hoping to receive a financial lifeline from their local council.
The Vikings, who failed to secure a return to Super League in last Sunday's National League One Grand Final, went into administration on Tuesday.
But Halton Borough Council has a vested interest in the future of the club because it owns the 13,350-capacity Halton Stadium where the Vikings play.
The club will now prepare business plans for the council and the RFL.
A club statement said: "Halton Council is keen to maintain its close relationship with the club both on and off the field.
"It will work hard with club officials and the administrator to put it back on a firm operational basis and where it truly belongs - in Super League.
"At the request of both the RFL and Halton Borough Council, club officials are now preparing short and long-term business plans which will then be submitted to both these parties."
Widnes lost 42-10 to Castleford in Sunday's Grand Final.
Their future was thrown into some doubt earlier in the year when chairman Stephen Vaughan stepped down and offered to sell his shares.
The four remaining directors put £150,000 into the club to see it through to the end of the season but decided to call in the administrator in a bid to prevent it being wound up.
In June, both Doncaster and Swinton were deducted six points after going into administration and breaching the Rugby Football League's insolvency rules.
Widnes, who have already seen the start of the break-up of their squad, may face a similar penalty with effect from next season.
Jordan James, Ian Webster and Aaron Summers signed for Celtic Crusaders, Damien Blanch joined Wakefield and Toa Kohe-Love and Gareth Pryce are set to join Dennis Moran at Leigh.
"It's a very sad time for all concerned within the club," said chief executive Peter Barrow in a statement on Tuesday.
Barrow is hopeful a buyer will be found and says several board members intend to "put together a package to take the club forward into 2008 and beyond".