Football Federation Australia CEO Ben Buckley insisted that he was committed to saving embattled A-League club North Queensland Fury.

Buckley admitted that recent reports suggesting the Townsville-based outfit were set to fold were rash but revealed that the club would need to find investors in the next few months to keep things heading in the right direction.

The Fury is currently operated by the FFA and Buckley said they were doing everything in their power to put things right.

''The FFA is committed to trying to make North Queensland work, and to do that we will need a stronger financial commitment from the business community of the region,'' he said.

''Over the next few months we need to see real, tangible, support from the local business community for the club if we are to continue our support for the next 12 to 18 months. There also needs to be a plan in place that demonstrates 100 per cent ownership of the club at the end of that time-frame.

''To secure the long-term viability of the club, it needs to stand on its own two feet and not rely on financial support from FFA. We're working with the management of the club, and we're dispatching representatives over the next couple of weeks.''

News gets better for the Fury with reports that other financially struggling clubs run by FFA - Brisbane Roar and Adelaide United - are on the verge of being sold and the recent takeover of the Newcastle Jets by mining magnate Nathan Tinkler indicates there is a ray of hope for North Queensland.