Bradford have told their entire playing staff they should look for other clubs as the financial crisis at Valley Parade deepens.

The Bantams are currently in the grips of a second administration with reported debts of £36million and they face crunch talks at a creditors meeting on Friday.

But amid increased speculation that the club are on the brink of closure, club secretary Jon Pollard remains upbeat.

He said: "The creditors meeting will go ahead as planned on Friday and further negotiations will take place in that.

"Players have been made aware of the dire financial situation of the club and, as you might expect, they have been told that if they can find other clubs they should as it is in their best interests.

"The club full appreciates the concern of the supporters and they can be assured that everything is being done to ensure its survival."

Pollard has also played down suggestions that the Bantams, relegated to Division Two next term, may be forced to ground-share at Odsal Stadium with the city's Tetley's Super League side Bradford Bulls.

He said: "We are unable to make any comment about that at the moment. We are looking into various options and will make a statement in due course."