The Scarlets had planned to sell off Stradey Park for housing

A delay in the Scarlets' planned new stadium, which would see current home Stradey Park sold off for housing, has seen the region warn it could go bust.

"The WRU are very anxious to support us, but they have their own procedures and processes to go through," he said.

WRU chairman David Pickering confirmed the Union is considering a loan package to allow the Scarlets to stay afloat.

"We are looking at proposals they have given us - providing them with financial assistance is a possibility," Pickering said.

"Whatever we do would have to be open and transparent... and we would need to have guarantees about anything we lend.

We are working 15 hours a day on finding other investors Llanelli Scarlets chairman Huw Evans

"We have driven our debt down from �70m to �39m and we are not about to put ourselves back in the mire.

"But we will do whatever we can to help the Scarlets survive. They are vitally important to Welsh rugby."

The Scarlets want to build 450 houses on the Stradey Park site, as part of plans for a new 15,000-seater stadium at Pemberton.

But the Stradey application was called in by the Welsh Assembly Government in July, just before it was due to go before Carmarthenshire County Council's planning committee.

The regional side estimates the decision to call in the application will cost them �2m and has threatened legal action.

Evans, who is the Scarlets' long-term benefactor, says they are leaving no stone unturned to find a contingency plan to ease the region through its current problems.

"We are working 15 hours a day on finding other investors to bridge the gap that we now face," Evans told BBC Wales Sport.

"There are four or five things we are looking at and we are pushing them all as hard as we can.

"We would go out of business, it's as straightforward as that."