Waterford FC have temporarily laid off players and staff.
Employees were told of the decision by email last night.
The club had been using the government's wage subsidy scheme since the season was halted six weeks ago.
The email to players, sent from owner Lee Power’s son - general manager Jack - stated "With the current situation...the club has been hit hard financially due to the last game being ten weeks ago.
“As agreed previously we have continued to make payments to all staff over these few months, however, after time to deliberate the board has come to the conclusion for the survival of the club we have no other option.
“Therefore it is with great regret that we have made the decision to ‘temporarily lay off’ all employees with immediate effect.”
Clubs will hold more talks with the FAI this week over potentially playing matches behind closed doors in a bid to re-start the season.
