The Wellington Phoenix say reports that they have been given an extension to their A-League football Licence are premature.
There were reports that the club was about to be given a 10-year extension to their licence by Football Federation Australia.
Wellington Phoenix David Dome said "There are still complex negotiations to work through before any agreement is finalised," Dome said.
"Talks are continuing but to say we have been given a 10 year extension is incorrect."
Dome said the club would be making no further comment until there was a definite outcome to report.
The future of the club was put in doubt last October after Football Federation Australia offered it a four year competition licence extension as opposed to the ten year one it was after.
The FFA had expressed concern over the low crowd attendences, broadcasting revenues and a lack of support from club stakeholders.