Bangor are confident that a winding-up order brought against the club by the company that installed their 3G pitch will not force them into closure.
In 2013, Bangor opened a new 3G pitch at their Clandeboye Road ground. It was hoped that the modern all-weather surface would generate much-needed income for the North Down club.
The Seasiders were the third major Irish League side to install such a surface, following Crusaders and Cliftonville.
Last week, it was revealed that TAL Civil Engineering had issued a petition to wind-up the Championship One club due to outstanding debts from their work at the re-branded Bangor Fuels Arena. In a statement, Bangor cited a breakdown in relations between the two parties for the winding-up order.
It said: "The 3G facility was installed in 2013 by TAL Ltd, who were the main contractor, and opened in October of that year, but Bangor FC have had a number of issues and concerns regarding the completion of the work. This, unfortunately, resulted in a breakdown in the relationship between Bangor FC and TAL Ltd and led to TAL taking this course of action.
"Bangor FC are confident that this matter will be resolved in the coming weeks and that Bangor FC's future is secure."
The petition is to be heard on April 7 at the Royal Courts of Justice on Chichester Street.
The Seasiders are fifth in Championship One. Formed in 1918, Bangor lifted the Irish and League Cups in the 90s, also playing in Europe. Since being relegated from the Premier Division in 1996, they have only had one season in the top flight.
The Bangor Fuels Arena also hosts Ards' home fixtures. Linfield Swifts play their NIFL Reserve League fixtures at the ground.