Reports have claimed players on Fury's roster have been told to look for new clubs, regardless of their contracts with the financially-stricken side, as doubts over its future increase.

Chairman Don Matheson's financial reserves for the club are said to be close to empty and the franchise has begun a search for new investment from the local community.

An FFA taskforce flew into Townsville yesterday to begin work on assessing the scale of the problem and to start work on ways to refloat the club with new cash.

The FFA say they are determined the club will survive the cash crisis and continue on next season.

A spokesman admitted officials had met Fury playing staff today but insisted all contracted players were being retained on their current deals.

"The players have not been told to look for new contracts. They have contracts with Fury," said FFA PR boss Rod Allen. "Nothing else has changed."

But he repeatedly refused to comment on speculation the FFA have been paying Fury players' wages this season and that Fury have not been paying rent on their Dairy Farmers Stadium.

However the FFA admit Fury need a new ownership structure and want more local investors to come in and share the club's cash burden.

Matheson is said to have borne the brunt of Fury's recent costs since his business partners left and he has reportedly been funding $50,000 a week costs himself.

He looks set to exit the club as soon as a new deal can be set up, which may involve the FFA taking over the reins until a buyer is found.

The club averaged crowds of almost 7,000 at home games - higher than both Gold Coast United and Newcastle Jets - and consistently boosted away game crowds, thanks to the presence of marquee star Robbie Fowler.

It finished seventh on the A-League ladder, ahead of established Queensland rivals Brisbane Roar, and significantly higher than most critics had predicted.

But despite the relative success of its debut season, the club has been dogged by speculation over its future.

FFA CEO Ben Buckley today admitted the club's ownership needed to be overhauled.

"To be successful long-term, there needs to be wider community and corporate support for NQF and it can not be left to one person to drive the club," Buckley said.

"We are working through the processes with many interested parties and are confident there is strong support for football to remain in Townsville."

Buckley said Fury were an important part of the A-league's expansion and the club needs fan, government and corporate support to ensure it was viable in the future.

"I strongly encourage everyone in Townsville and North Queensland to get behind the team and show how much they want a successful football club in their region," Buckley said.

"There is a lot of goodwill around Fury but like any large sporting venture, it needs support and investment to remain viable as it builds on the progress it has made in such a short time."

The club issued a statement earlier in the week that said simply: "North Queensland Fury FC have been working closely with Football Federation Australia to promote a community focused ownership model for the future of the club.

"Senior representatives from the FFA will meet with club officials and members of the North Queensland business community to progress this goal."