Hibs owner Ron Gordon has warned that "difficult decisions will need to be made" by the club amid the Scottish football shutdown.
The chairman insists the club is "better positioned than most to weather the storm" but isn't immune from the challenges faced during the coronavirus outbreak.
The Scottish football season has been suspended a number of clubs, including Hearts, have spoken publicly about the financial difficulty brought about as a result.
Staff and players at the Tynecastle club have been asked to take a 50 per cent pay cut to help see them through the uncertain time.
In a statement to fans, Hibs owner Gordon admitted it's hard to look to far into the future given everything going on right now, but that difficult decisions will be made in the coming days and week.
He said: "With all that is going on, it is difficult to look to the immediate future with any degree of clarity. However, there are some certainties – we have lost our revenue streams, while our ongoing running costs remain largely in place, and we anticipate that we will not be playing matches in the coming months. This is clearly not sustainable.
"Although Hibernian is better positioned than most to weather the storm, we are far from immune. Unfortunately, other clubs are facing similar or even more severe problems. The loss of cash in the bank puts our club under the most severe strain and threat. We have already begun making operational adjustments to impact our costs and will be taking further steps over the next week or so to mitigate the effects of the crisis on our club.
"Difficult decisions will have to be made. But every decision we do make will be with two key priorities in mind, firstly to look after our people, and, secondly, to ensure the club remains in as healthy a financial position as possible. It is not going to be easy, and we will need every part of the club to play its part to achieve this."
He added: "It was just a few weeks ago that we presented an ambitious and exciting vision and five-year plan for our club. Unfortunately, the coronavirus has turned our world upside down, therefore we have all had to pause, to reflect.
"Gratefully, football will be back before long, and with your help and support our club will be back strong, ready to compete and bring joy, excitement and pride to our supporters and city."
