Belper Town chairman Alan Benfield has resigned from the club - less than 24 hours after sacking boss Aaron Webster.
He confirmed the news on Monday morning and will be joined by fellow local businessmen Chris Balls and Paul Waldron in leaving the club.
In a short statement to fellow directors, Benfield said, “We feel that we have taken the club as far as we can but we wish you all the success you deserve and thank you for all the good times over the years.”
The club’s company secretary, Dave Laughlin said, “Alan and Chris have been valuable board members for 25 years with Paul being involved more recently.
“There is no doubt that their involvement and financial support will be badly missed, but the club will carry on with the remaining directors and will look to make boardroom replacements over the next couple of months.
“The hope is that we can identify find interested individuals who would be prepared to get involved with the club at Board level and help the remaining directors build for the future.
“There have been rumours circulating about a possible sale of the club to an overseas investor but I’m pleased to say that these have not come to fruition and the club will remain in local hands, with local people making the decisions for the benefit of the club.
“There is no doubt that these are challenging times for the club but I am confident that with the drive and enthusiasm of the remaining board members, we can rebuild the club after what has been a desperately difficult season.
“We are fortunate that we own our own stadium, have facilities that are as good as any club at our level and our finances are manageable, despite the ongoing challenges of operating at our level in the National League System.
“We are in a great position to move forward positively and with planning consent achieved for a new artificial training pitch at the stadium, we hope to make this a reality over the next 12 months so that the club can be fully self-reliant”.
“In the meantime, we have started the process of appointing a new manager to success Aaron Webster and will also be looking to supplement our band of club volunteers on whom we depend to ensure that the club operates efficiently.
“Accordingly, we would be interested in hearing from any individuals that would like to become involved with the club both on match days and throughout the week, with a variety of voluntary roles available across the club.
“We plan to hold a supporters meeting shortly to give everyone an opportunity of giving their views on how the club should move forward and to ask the board any questions about the general running of the club.”