Crawley's owners insists they will not leave without a fight, despite revealing debts of £500,000.

Hertfordshire-based businessman John Goodwin told The Argus yesterday about his interest in taking over the crisis club which went into administration on Monday Crawley will be run by Rob Sadler, of Leeds insolvency firm Begbies Traynor, who have an office in Brighton.

He will meet owners Chas and Azwar Majeed in the next week to discuss a rescue package.

None of the staff was paid last month and an exodus of players is expected.

Sadler has the power to sell Crawley but the Majeeds have no plans to leave.

A club statement said: "Despite recent speculation, the club is not up for sale by the administrators and no one has formally approached the chairman with a sensible intention to procure Crawley Town."

Club spokesperson Gil Roberts added: "It is not a good situation, the debt is half a million and no one has been paid but we are still planning to run the football club next season.

"They (the Majeeds) want to make the club successful and they are in it for the long haul.

"People think because the club has gone into administration that it is now up for sale and they can buy it for a very low price.

"That is not the case. No one has approached the club with an acceptable offer anyway, we have not received any formal contact from anyone."

Sadler confirmed the club is not currently for sale but says it could be in the future.

He said: "If the company can be saved we will do it, if it can't then we will look to simply save the club, which means selling it.

"My role is to save the company and in doing so get the creditors repaid. If I achieve that primary objective then the club remains in their (the Majeeds') hands.

"If I can't, then the club will be put up for sale as the only alternative but I'm not going to put the club on the market tomorrow.

"We have already had expressions of interest but what I have said to all of them is thank you very much, we have noted it but at this period in time we are trying to save the company."