Notts County Ladies have folded after financial difficulties following a winding up order in March as local businessman Alan Hardy tried to clear the club’s debts.
The team that were originally known as Lincoln Ladies before relocating finished 6th In Women’s Super League 1 last season and made it to the final of the Women’s FA Cup the year prior.
A club statement said: “Alan Hardy has reluctantly admitted defeat in his bid to save Notts County Ladies Football Club after facing a near-£1m bill to keep the club afloat this season.
“Despite weeks of negotiations with lawyers, HMRC and the FA, Hardy has now called time on his plans to save the Ladies set-up.
The players, who were set to play Arsenal on Sunday on the opening day of the new season, were told just 15 minutes before the news broke on Friday and are seemingly angry at the situation:
The FA are yet to comment.