The crisis at Truro City FC deepened this morning as the 10am deadline to pay the players passed with the players reportedly still not getting their wages.

The players, in a bid to save the club from more financial turmoil ahead of the new season, said that they would quit the club if they were not paid their owed wages by 10am today (Thursday).

Speaking to the Packet ahead of today's deadline, Truro City captain Jake Ash, said: "It has been reported the players have issued some kind of ‘ultimatum’, but that isn’t the case. Without any funds at all, which is what we are being told is very much the likelihood, the club wouldn’t survive whether we as players were there or not.

"Even if the club spent nothing on players wages, the operating costs to get to places like Dover and Chelmsford on a weekly basis are huge. If the money isn’t there for players, it won’t be there for anything or anyone."

Jake Ash and the other first team players had hoped, by giving the club a week to sort out their problems, they could find a solution.

It had been reported that chairman Kevin Heaney was in negotiations with investors in London to try and solve the problem, but neither he or new chief executive Martin Woolcock have been contactable.

It is not known if Truro City will field a team of reserves for their opening match of the Blue Square Bet Conference South season, with Billercay Town on August 18, or if they will quit the league completely and face the severe penalties for doing so.

Truro City striker Andy Watkins speaking to BBC Radio Cornwall at lunchtime said the squad, having handed in a 14-day notice to quit the club last Thursday, would now have to start looking for other clubs.

It means by next Thursday, if the money is not forthcoming, all of the current first team squad will no longer be under contract by Truro City FC and will have left Treyew Road.