Ballymena United have hit back at "inaccurate" reports surrounding the club's current financial position.
It was claimed this week that the Sky Blues had embarked on a cost-cutting drive and held a number of 'emergency' meetings with shareholders.
Speculation has heightened in recent weeks with players including Paul McElroy, David Parkhouse, Conor Keeley and Caolan Loughran all leaving the Showgrounds during the January transfer window.