London Broncos say talks are continuing to save the struggling Super League club.
The Londoners have been racked by uncertainty over the last two months amid speculation that owner David Hughes is set to withdraw his support.
Hughes, a northerner who has bankrolled the Broncos since taking over from previous owner Richard Branson in the early 2000s, is thought to be considering his position after failing to receive guarantees over the club's Super League status following the decision to reinstate promotion and relegation from the end of next season.
London, who are bottom of Super League going into the final round of fixtures this weekend, are set to lose at least eight members of their current squad and have yet to announce any new signings for 2014.
The club have also still to reveal its new home for next season, although they broke their silence on Friday to confirm that they will be leaving the Twickenham Stoop.
It is thought the club will relocate to Barnet from 2014 but whether they will still be in Super League remains up in the air.
The club's chief executive Gus Mackay issued a statement saying the Broncos are currently engaged in "detailed and advanced discussions" on their future and say the players have been put in the picture.
Mackay said: "We are working through a number of key issues and all the players and staff have today been engaged in meetings and are fully up to date on the situation.
"We have to reduce our cost base so that we can ensure the future of the club which is our priority.
"We are involved in ongoing discussions in relation to the 2014 season, following a detailed exploration of the options over recent months.
"Negotiations are at a sensitive stage but discussions are progressing as we go into the necessary details."
The Rugby Football League has admitted the uncertainty over the capital's major professional club is a worry and recently sent director of standards and licensing Blake Solly to London to address the concerns of the players.