Livingston owner Pearse Flynn has warned that relegation from the Bank of Scotland Premier League will trigger "dramatic cuts" at Almondvale.
The West Lothian club are on the brink of demotion to the Bell's First Division after the 3-2 defeat at Dunfermline on Saturday.
Livi are nine points behind the second-bottom Pars with just three games remaining and Flynn is preparing for life in Division One.
He told Scotland Today: "Unfortunately, it is going to mean quite dramatic cuts.
"You lose around 50% of your revenue and, if you lose that in any business, you are going to have to make dramatic cuts.
"The playing staff will be cut and, to be honest, maybe I feel less for them because they had the chance to influence.
"The people I feel for are those in the back offices.
"Our plan now is to put in place the best possible budget as soon as we can to bounce back from the First Division."
If they are relegated, Livingston will be replaced by St Mirren in the top flight.
But the Love Street club do not currently have undersoil heating - a criteria for entry to the SPL.
St Mirren insist they will install the system if they have to but they are hoping the league will forego the need for installation before a planned move to a new stadium.
The Livi owner is determined not to see a further summer of turmoil over the SPL promotion issue but will be "very disappointed" if Saints are allowed to go up without undersoil heating.
Flynn added: "I assume St Mirren are going to put in undersoil heating. That is the criteria.
"If they don't, I'd very surprised and disappointed the SPL would do that.
"Three times before clubs have been told they do not meet criteria and had to take drastic action, including not being promoted. So why would they do it this time?
"I would hope to God the SPL are not going to leave a big gap because our fans will cling to it, everybody will cling to it.
"More uncertainty is the last thing we want through the summer."