22-year-old Adebayo, who was the club's representative in the recent STAY INtertoto Cup, has netted eight goals from thirty-seven appearances since he made the switch from Championship side Fulham last summer.
With the League Two season expected to join the National League in coming to a premature end, clubs in the lower reaches of the EFL have been doing all they can to balance the books as income has all-but disappeared in the wake of Covid-19.
The Walsall squad - and the majority of the Banks's Stadium-based workforce - are currently on the government's furlough, and, following recent reports of a wage cap being implemented in time for next season, Adebayo believes the club must do all it can to stay alive.
Speaking to the Express & Star's Walsall correspondent Liam Keen, Elijah said; "It should go whatever way that is going to keep the club going. A lot of people are worried about clubs not being able to sustain, but whatever is right for Walsall to keep them afloat, is the action they should take.
"Whatever is right to keep Walsall going, because that’s what we want. Whatever the chairman decides is the best thing, is what will happen and what should happen. At the end of the day, it’s the club that matters, not the players."
Adebayo went on to join the ever-growing group of people who are backing Saddlers chairman Leigh Pomlett to keep the club alive, with the London-born striker insisting Leigh is running the club 'smoothly'.
Elijah added; "I don’t have too much knowledge with what goes on with the directors, but I know that the club is definitely being run very, very well.
"We’re hoping that it says that way, but I can’t fault anything with the club, it’s running well and long may that continue.
"Once we’re back we can give back to the club on the pitch, for how it’s been run nice and smoothly."