NPLV chief Liam Bentley said he and Red Devils chairman Duncan Smith will engage in talks prior to the club's clash with Murray United in Ballarat this afternoon.

Bentley told The Courier Football Federation Victoria had been in contact with the Red Devils over a number of weeks and were aware of the reasons behind Thursday night's crisis meeting at Morshead Park.

Close to 100 people attended the meeting - controlled by Reds committee member Stan Burns - to discuss the club's long-term survival.

"Ballarat Red Devils is a valued regional NPL club," Bentley said.

"FFV will continue to engage with and consult the club and its stakeholders in working through any issues to resolve the best way forward for 2015 and beyond."

When quizzed on FFV's ability to assist with the Red Devils' financial troubles, Bentley said he was unable to comment on specific matters.

"However, as part of the NPL Participation Licence, each club is required to submit its financial statements and budget to FFV," he said.

"We are in the process of collecting this from all clubs, which will help us gain a better view of the financial position of each club and any areas in which we can assist."

The Red Devils progressed from its place in FFV's state league competition and joined the inaugural NPLV competition in 2014, but were relegated to NPLV1 after a final-round loss last season.

The senior team is seventh on the table after nine games in 2015, having gone the past three matches unbeaten.