Mick Potter and his players will today learn the full extent of the crisis engulfing the Bulls as the cash-strapped club battles to stay in business.

Bradford were last night drawn at home to Co-operative Championship One outfit Doncaster in the fourth round of the Carnegie Challenge Cup.

But of far greater concern is staving off the threat of financial ruin facing the Odsal club amid a desperate cash shortage.

Potter’s squad had yesterday off but were set to be hit with the news when they arrived at the club’s training HQ at Tong this morning.

Chairman Peter Hood said the wages of players and staff had been paid for March but the club are now searching desperately for new funds to keep the club afloat.

He said the initiative launched today – aimed at every 2012 member donating £100 in a bid to raise up to £1million – could save the Bulls.

Hood – who revealed the club are actively looking to cut costs throughout the club – said: “We pay wages on the 14th of every month, so we’ve already paid salaries for March.

“The next payday is mid-April, which is far enough away to be on the other side of this initiative.

“Make no mistake about it, we’re under pressure and without cash we cannot operate. There is an immediate short-term crisis which needs to be put right.

“If we got £100 from 10,000 people then that would be £1million.

“The more you think about it the more you think it’s a reasonable proposition.

“We’ve got people going out face to face to see every single sponsor.

“We’re not putting the total onus on our fans – it’s about every one connected with the club.”

Ben Jeffries, meanwhile, is set for at least three weeks on the sidelines with a hamstring injury sustained against Salford.

Chev Walker was struck down with a nerve problem in his arm during the game and is expected to miss Friday’s trip to Hull.

Keighley Cougars, meanwhile, were celebrating last night after being handed a plum home draw with Super League leaders Warrington in the Challenge Cup, a competition they won in 2009 and 2010.