Gungahlin United coach Marcial Munoz was ready to let players go after fraud allegations and a hefty Capital Football fine left them well below ground zero.

The Canberra Premier League side was docked six points by Capital Football in a move designed to "protect the integrity" of the competition after the club failed to pay off a debt.

ACT Policing have confirmed they are investigating an allegation of fraud involving Gungahlin United, however "at this time no one has been charged".

The penalty leaves Gungahlin six points behind their rivals before even kicking a ball - a cruel blow considering relegation awaits the eventual wooden spooners.

As Munoz walked into a team meeting to explain the club's dire situation to his playing group, he was prepared to organise a swathe of transfers - but nobody wanted to go.

"It surprised me when that option was put on the table that nobody, especially the new guys who joined us, didn't want to take it," Munoz said.

"It speaks volumes of them as people with great values and character.

"I'll be honest, if I put myself in the position of the player, I would have certainly raised issues and concerns regarding that. I would have wanted to know and as they asked many questions.

"I was there to face the music and provide some answers and some facts to them about what was going on and how we got to that point.

"However, I didn't have any doubt after they heard those explanations and facts they would stay. I knew deep down they would want to stay if they were told the truth.

"Our new board is making a lot of headway and doing some really positive things to make sure our members are well-informed, and rectifying the errors of the past to ensure this doesn't ever happen again."