A last ditch salvage attempt got underway on Friday, with staff deferring wages and the club’s local paper, The Telegraph & Argus, donating £10,000.
But administrators warned that without a significant injection of cash the club could close its doors in ‘as little as seven days’.
They told fans that they needed to raise £100,000 by the end of June to keep Bradford going through the closed season.
Kroll appealed to anyone interested in purchasing or investing in the club – which has debts of £30m – to contact them as a ‘matter of urgency’.
A meeting to arrange a creditors voluntary agreement had been scheduled for Friday last week, but the proposal was withdrawn after administrators said the club was ‘still not on a sound financial footing’.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children