Warnock is shocked that the club has gone into administration.
He hopes the squad does not get sold off cheaply, although he expects plenty of interest in his players - with striker Moses the main attraction.
He told The Independent: "I know there will be clubs eyeing up all the talent we have coming through from our youth scheme and thinking they can get players for a song.
"Let's hope that doesn't happen. As I said, I really cannot understand the timing."