Portadown director Bobby Jameson has appealed for the team’s shareholders and fans to show a united front tonight to stop the club folding.
The Mid-Ulster club have debts totalling over £1m and a crisis meeting will take place tonight in the latest attempt to form a new board.
Ports director Yalcin Cubuk wants backing for his ambitious plans to take over the club but that support has yet to be secured ahead of a crunch EGM tonight.
It is understood the club’s debts include £810,000 owed to former chairman Roy McMahon’s business, Met Steel.
There are currently four board members but another one needs to come on board for the club to keep functioning.
Cubuk has ambitious investment plans and, as the Belfast Telegraph revealed, he would like to explore the possibility of forming a link between the Ports and Turkish giants Galatasaray.
Jameson (pictured) said: “This is a crucial meeting and I would appeal for everyone to unite in the interests of PFC as we need to secure the future of the club.
“The club is more important than any individual and it must survive into the future, when we aren’t here. The club has debts and investment is badly needed.
“We need to select another director but as yet we have just been met with opposition. To those people I would say let me hear your constructive plan to take the club forward. Let me hear your plan B — put it on the table.
“We remain open to constructive suggestions because we all care about the club. It’s important people come to the meeting with an open mind and not simply to say no to something.”
If agreement on a new board cannot be struck tonight, the club’s long-term future will continue to hang by a thread.
Jameson admits there is a “stand-off” at the moment but he doesn’t want to contemplate the doomsday scenario.
“I’m behind Yalcin’s plan because it’s the best option for the club,” he added.