Leeds United have been ordered to repay a loan of nearly £1million by the High Court after being served with a winding-up petition.
The Sky Bet Championship club could be wound up if the debt - a £950,000 loan - is not paid.
However, a barrister representing the club told a hearing before a registrar at the High Court in London that payment could be "made very quickly".
Another hearing of the case is scheduled for June 23.
"The club wants time to pay," Rory Brown, for Leeds, told Deputy Registrar Chris Garwood at the hearing in the Companies Court - which is part of the High Court.
"The payment can made be very quickly."
