The ARL Commission will stand by an NRL team on the Gold Coast, with beleaguered Titans managing director Michael Searle to be given first crack at saving the financially crippled club.
The Commission met in Auckland on Friday where they were handed a report into the Titans, which confirmed there was a strong business case for a team to remain on the holiday strip.
The Titans were plunged into financial crisis due to a series of failed investments by the group's property arm - most notably the Centre of Excellence.
Commission chairman John Grant said a number of options were still being considered in relation to providing financial aid to the club, but Searle would be given a chance to rescue the club.
"Michael Searle is pursuing a number of options in addressing that situation and it is important to remember that the Titans should have a chance to resolve their issues, as is their right,"Grant said.