Colwyn Bay FC have been rocked by the shock decision of the Cartwright family, who have run the club since 2007, to step down just weeks after the Seagulls won promotion to the Blue Square Bet North.
It follows a stormy club AGM last Monday and chairman Geoff Cartwright announced that after considerable reflection and with much regret, he and his two sons, managing director Darren Cartwright and Matchday Operations Director Martin Cartwright, have decided to step down from the board.
All three are directors of The Bay Management Team Ltd (TBMT) which has run the club on behalf of Colwyn Bay Football Club Ltd.
In a statement they said that the current relationship with some of the club's existing directors, who were re-elected by shareholders at the AGM, was: "no longer a tenable or workable prospect, mainly stemming from an apparent lack of shared vision and trust."
Geoff Cartwright performs his last duty as chairman by attending Saturday's Blue Square Conference AGM at the Celtic Manor, with his resignation effective from tomorrow (Sunday).
That leaves the club needing to appoint a new chairman with the new season, which presents a huge new financial challenge for the club, only nine weeks away.
Club President Roger Skinner said the news had come as "a complete shock". He added: "The remaining board members will now have to meet to discuss where we go from here."
Player-manager Dave Challinor said: "The timing of this is obviously not ideal and hopefully things will get sorted out sooner rather than later in terms of moving the club forward."
The North Wales-based Cartwrights, as TBMT Ltd, took over the management and operation of Colwyn Bay Football Club in 2007, with the support of shareholders, after an appeal for boardroom support, and they implemented a five year plan aimed at achieving Conference level football for the club within five years.
Back to back promotions in 2009/10 and 2010/11 have seen that achieved.
The statement from TBMT Ltd says: "The tenure has also seen a stadium development plan drawn up, which provides a tangible vision and goal to work towards in the coming years. Wtih average match attendances up, season ticket sales increasing year on year, record sponsorship deals secures, TMBT Ltd are set to leave the board feeling vindicated in their aims and ideas for the club.
"TMBT Ltd would like to wish the club, the supporters, volunteers, sponsors, its management team and playing staff every success in the future, building upon the vision set in motion both 'on' and 'off' of the pitch."