Rotherham have warned they may be forced to enter administration if the club does not receive new investment quickly.

The Millers - currently fifth in League Two - have moved to appoint an administrator after talks with potential investors proved fruitless.

A statement read: "We are conscious of the need to protect the club from any possible action from its creditors.

"In order to combat this, we have therefore filed a notice of intention to appoint an administrator. This does not mean the club is in administration or even that it will necessarily go into administration.

"Instead it protects the club from possible hostile actions at a time when the club needs to be fully focussed on finding new investment.

"Clearly the threat of administration will recede if a serious investor can now be found. This is something we all want and something the club needs quickly."

Tom Williams / Eurosport