The dramas have raised further questions about the viability of an NRL club on the Gold Coast, although NRL chief executive Dave Smith reiterated his support for the franchise.

Named in the investigation: Titans forward Dave Taylor. Credit:Getty Images

"This is a key area for our game and we are determined to ensure our fans continue to have their own team on the Gold Coast," Smith said on Sunday.

The latest development shows Smith is good to his word as the NRL moves in to take control of the stricken franchise. The Australian Rugby League Commission has proven its commitment to propping up clubs struggling to survive, as evidenced by its willingness to become involved in Newcastle after the ownership fiasco with Nathan Tinkler. It also bailed out the Wests Tigers when the Balmain side of the venture was incapable of providing its share of funding, a deal which resulted in the governing body appointing independent directors to the joint-venture club's board.

Previous rugby league incarnations on the holiday strip - the Chargers, Giants and Seagulls - have all folded. However, the NRL's intervention, which is expected to be officially announced on Tuesday afternoon, puts paid to fears the Titans will be relocated or wound up. However, it's unclear whether they will continue to operate under their current name. It's understood the NRL does not wish to own the club long-term but is prepared to provide the backing required until a new ownership structure can be put in place.