West Perth have gone into voluntary administration as they attempt to deal with debts that have blown out to more than $600,000.

But as WA’s oldest football club battles to avoid collapse, the WA Football Commission has provided a $250,000 loan that will keep the Falcons afloat for the rest of the season.

The loan will be quarantined to pay players and staff rather than reduce the debt that president Scott Ballem said was crippling the club.

“It will be business as usual and this is simply a mechanism for our salvation and future prosperity,” Ballem said.

“The objective of voluntary administration is to restructure the financial affairs of the club in a way that will see it emerge as a long-term viable business.”

West Perth have appointed restructure specialists KordaMentha and hope to come to an arrangement with their creditors – including the Australian Tax Office and landlord VenuesWest – after five weeks in administration.

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Full details in Thursday’s edition of The West Australian.