Imraan Ladak insists his “full focus” will be on resolving the key issues at Kettering Town after the club were given one week to prove they can continue in the Southern League.
Majority shareholder Ladak represented the Poppies at an emergency meeting of the Southern League Board on Wednesday.
And, after what Ladak described as a lengthy discussion, Kettering were given until next Wednesday to ‘satisfy certain conditions placed on them by the League’.
It means their scheduled home clash with St Neots this weekend has become the fourth game in a row to be called off as the Poppies continue to fight for their existence.
Ladak confirmed that paying the playing squad was one of the key issues to be resolved over the next week.
He said: “We had a lengthy discussion about the issues affecting the football club, it was a very good and fair hearing.
“We agreed on everything aside from the amount of time the club has been given to get things resolved. We were hopeful for more time.
“We have been given seven days to reach an agreement with the players.
“When it comes to football, I am never 100 per cent certain of anything and will not speculate on what may or may not happen.
“We are doing what we can to sort things out.
“The Southern League understand the situation the club is in and now we have to try to sort things out in a short space of time.”
The Southern League confirmed they will be making no further comment on the Poppies’ situation until next Wednesday.
The emergency meeting came following three successive postponements for the club, which entered a Company Voluntary Arrangement during the summer to clear reported debts of £1.2m.
A proposed takeover by George Rolls fell through after he was banned from football activity for five years after a breach of FA betting rules.
Since then, players have gone unpaid with the majority leaving while payments for the CVA were not met as scheduled.
The electricity was cut off at their Nene Park home due to unpaid bills and a registration embargo was placed on the club by the Southern League.
The Poppies currently have just five players registered with the league.
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