Glasgow Rocks' immediate future in the top flight, along with their 12 fellow British Basketball League clubs, has been assured following talks over potentially radical changes within the sport.

The guarantee comes amid discussions over a rumoured eight-figure cash injection from New York-based investors who are seeking a ten-year licence to run the UK's professional league as well as exploiting the commercial rights from the national teams and grassroots.

Initial fears that those involved in the funding consortium could cut out some or all of the existing professional teams have now been placated ahead of the publication of a review into the way the game is run, headed by Lord Wasserman.

"Basketball England and the professional clubs will ensure that there is a Pro League in the UK for the 2015/2016 season and, to that end, detailed planning will continue for the new season, in parallel with this consideration of new investment options," a spokesperson for the troubled Sheffield-based governing body said.

"There is no risk to the current BBL clubs from these negotiations that they will not be able to participate in the top flight of men's professional basketball next season, providing they remain in compliance with regulations. It is noted the BBL and its clubs are all advancing with their plans to that effect."

It is understood that the role of Basketball England, who originally kick started the investment search, has been downgraded with representatives of Basketball Scotland - and the BBL - set to join an expanded committee to scrutinise the proposals tabled by Wall Street equity fund GEM.

The future of BE's chairman Jan Hagen and chief executive Huw Morgan remains unclear following a board meeting on Monday with both men under pressure to step down following criticism of their role in the search for third-party financing.