A REPORT has claimed that some staff at Wanderers are actively looking for new posts amidst fear the club will soon slide into administration.

Mail Online claim there is mounting concern among non-playing employees that job cuts could be on the cards as costs are trimmed further at the Macron Stadium.

Furthermore the report states administration has also been openly discussed among staff – which would carry with it an automatic 12-point deduction according to Football League rules.

Wanderers made an official statement in response to the article, just four hours before today’s vital home clash with Bristol City.

“Whilst the club acknowledges it is going through a challenging time, there have been no threats to any staff jobs in the immediate future,” the statement read.

“After consistent backing from owner Eddie Davies, the club continues to seek fresh investment in what is a difficult and challenging economic climate.”

Senior sources also stated unequivocally last night that there is no immediate plan to go into administration.

Wanderers have lost more than 60 non-playing staff since dropping out of the Premier League and have had to reduce costs considerably over the last 12 months as financial input from owner Eddie Davies has been reduced as he looks to sell.

Levels of debt have now risen to more than £180million, with the club confirming earlier this year that a short-term funding deal was agreed with a finance company in lieu of an overdraft facility.

While plenty of questions are yet to be answered about how Wanderers will continue to fund themselves in the short to medium term without new ownership, the club has denied categorically that such drastic measures as administration are currently being considered.