An emergency meeting has been called of Merthyr Town's owners following the resignation of four of the club's nine directors.
On Tuesday it was announced vice-chair Anthony Hughes was leaving the board, before another statement confirmed Lee Rossiter, Jamie Mack and Robert Parker had also resigned.
A source close to the club said a number of players were leaving Penydarren Park after being told they wouldn't be paid on time.
One of those who has been told find pastures new is ex-Bull Stuart Fleetwood, who shared his thoughts on Twitter.
Angry, frustrated, upset, low..... Doesn’t get much worse. Feel bad for all staff, management and fans. Great group of lads who I’ll miss 😢 #WhatsNext— Stuart Fleetwood (@StuartFleets13) November 16, 2017
The 31-year old striker also said he'd offered to play for free against Chesham on Saturday.
Defender Scott Tancock also tweeted his thoughts, thanking the genuine fans.
Defender Scott Tancock also tweeted his thoughts, thanking the genuine fans.
Thank you to all the genuine @MerthyrTownFC staff and fans. Enjoyed every moment of my time there, as for the lads, special bunch. Gutted.— Scott Tancock (@ScottTancock37) November 16, 2017