Bray Wanderers are back in business having secured funding "to fulfil the remainder of this season and into 2018."
Bray chairman Dennis O'Connor has released a statement confirming the news and offering an apology to everyone involved with the club and to other League of Ireland clubs.
"The Club are pleased to announce that within the past week funding has been organised to fulfil the remainder of this season and into 2018," reads the statement.
"We regret the unease caused by our honesty and the concern it caused to our fans/players/coaches/our fellow Clubs in The League of Ireland and their fans/FAI and the greater football community including St Josephs Boys plus the Wicklow Leagues. To all my apologies."
The statement is vague on detail regarding the origin of the funding but O'Connor now believes that Bray can attain the kind of support that he desires.
"We had a very busy week and are now in a better place because the call was answered by people in County Wicklow and South Dublin.
"It was most encouraging the various messages of support plus the financial backing received. It certainly answered my question on whether we can get support for this Club."
"A special message to all the League of Ireland Clubs who contacted me to support and offer help – it proves that the Clubs are working for each other.
"I have written earlier to the PFAI setting out that all contracts will be honoured."
Despite the assurances given by the chairman, it seems that the players may not be feeling too confident about the situation.
O'Connor has also urged the supporters to give their backing to the manager.
"So now, let’s get behind Harry Kenny and get the results flowing. On that note a special word of thanks to Harry and his staff who have shown excellent support and commitment this past week.
"As always we have an open door for anybody who wishes to help in any way. Bray Wanderers FC is back in business and look forward to our next home match."
Meanwhile the FAI released a statement of their own seconds later.
"The Football Association of Ireland is encouraged that Bray Wanderers FC have declared that they have received the necessary funding to complete the 2017 SSE Airtricity League season.
"The club will now be required to provide the Independent Licensing Committee with confirmation as to their current financial status and adhere to the protocol set down by the Committee in relation to maintaining a Licence for the current season."