Bournemouth chairman Jeff Mostyn has refused to rule out entering the club into administration, despite holding talks with potential new investors. BBC Radio Solent understands that they could be placed into administration, to help clear debts of around �4m.
Mostyn told the club website: "If I felt administration was in the club's best interests I would consider it.
"But we are confident that next week's meeting with potential investors will result in a firm proposal being made."
With debts cleared, potential new investors would have a clean slate from which to start from.
A string of poor results have left the Cherries struggling at the bottom of League One and a 10-point penalty for going into administration would leave them nine points adrift of Port Vale who are currently bottom.
 | The financial position of the club is no different to the vast majority of clubs in the Football League |
Mostyn added: "We are in advanced talks with potential investors and during the past two weeks we have met to discuss a number of options.
"The financial position of the club is no different to the vast majority of clubs in the Football League and this has been clearly demonstrated at Luton and Coventry."
Luton went into administration in November and are one point ahead of Bournemouth after their 10-point deduction.
On Monday, Coventry's board announced its intention of taking the club into administration but are hopeful of completing a takeover offer from Ray Ranson and Sisu Capital.
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