CASH-STRAPPED Chester City last night failed to find the money which would have enabled them to extend the loan signings of defender Jonathan Flynn and midfielder Michael Coulson.

With a transfer embargo hanging over the club, because of previous financial problems, the only way City manager Jim Harvey could maintain a squad with an acceptable level of ability, was to extend the loan signings with continuity agreements of players already at the club.

This latest news will come as a hammer blow to Harvey, who said at the weekend: “I have asked for the loans to be extended, we just need to sort the financial side.”

City were granted a further two week extension on Saturday, to give them more time to meet their obligations of paying their outstanding football creditors.

A statement from the Football Conference last night stated: “The board reiterate their previous statement, that any failure to make such payments (football creditors) in full by this date (November 30) will lead to a move to call a meeting of member clubs to consider the club’s expulsion from membership in accordance with the rules of the Football Conference.”