According to the Sunday press, the clubs could see NTL backing out of its £65m ($101m/EUR102m) five-year deal with them.
NTL took over the League's internet operations but is now facing debts of nearly £12bn ($17bn/B20bn) and is seeking bankruptcy protection in America.
Barry Fry, boss of Peterborough, told one paper: "Nobody expects to get the money (from NTL) on July 19 and we don't expect to see any more from NTL. It will be a massive blow."






