North Queensland Fury's situation is still very much unclear with news emerging that there is some confusion surrounding the amount of funding required to keep them afloat.

The Townsville club are under the impression that they need to raise $1.5million to be able to carry on into next season but a recent reports suggested that the sum is in fact $3.5million.

But Fury CEO Rabieh Krayem told au.fourfourtwo.com that he was never told the club needed more than $1.5m

"I don't even know where the story came from last Friday that we were $2m behind. I didn't take much notice of it to be honest," he said.

"There was no substance behind it, no source behind it, and no quotes. It was just another one of those stories and I thought that if that was to be true, I'm sure the FFA would've spoken to us about it.

"But we need to work hard and if it takes another couple of weeks to answer any questions to guarantee Fury remain, then so be it."

Fury officials will head to Sydney on Thursday for crisis talks with Football Federation Australia to sort the situation.