Championship strugglers Bolton have revealed that their players have not been paid for November.
Wanderers, who are £172.9m in debt, recently appointed Trevor Birch as an advisor to the board in order to ease a takeover from owner Eddie Davies.
In a statement on their website, the club said the non-payment happened because of the need to find a new buyer.
"This is due to a short-term funding issue," said 57-year-old Birch.
"We are working hard behind the scenes and hope to have this resolved in a quick and timely manner and I will be meeting the players tomorrow (Tuesday) to update them."
Isle of Man-based businessman Davies is willing to forego the entire debt owed to his company Burden Leisure PLC in the hope of easing a takeover process.
Bolton are currently four points adrift at the foot of the Championship table, having won only one of their 17 league games so far this season.