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Published 22:54 12 Jan 2018 GMT
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The likes of ex-Hartlepool player Danny Graham, now at Blackburn, have donated to the club's cause and Stelling has pledged his financial support to ensure that administration is avoided, admitting that he's spoken to a potential investor.
"I'm in early discussions, shall we say," Stelling told BBC Tees.
"[One] I believe is a genuine investor in the football club, who is willing to put significant amounts in and may yet step forward and save the day.
"We'll get the £200,000 and then we have a new investor or the Supporters Trust, I will certainly show the colour of my money at that stage because that is when we're going to need it."The Supporters Trust are set to hopefully step in should they be required, should no investor come forward with sufficient funds to take the club on. "The Trust are prepared to go on and run the football club and I'll be part of that, if no investor is found."
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