They were given until 4 o'clock to provide sufficent funding ahead of season.
London Irish's suspension from the rugby union Premiership is likely to be confirmed later - unless there's an unlikely last minute financial intervention.
They were given until 4 o'clock to either complete a takeover by an American consortium, or for owner Mick Crossan to provide proof he can fund them next season.
Sky Sports News reporter James Cole believes neither looks likely.
Speaking outside the training ground in Surrey, he says the situation looks bleak