WORCESTER City Football Club will fold if action is not taken to address the current plight, according to the Shareholders Action Group.

The St George’s Lane club is in a state of turmoil off the pitch following the resignation of president Dr Michael Sorensen as the board face a clamour for them to step down.

Sorensen claimed the current directors were unable to move the club forward and fans are becoming increasingly anxious about the future of the Blue Square South outfit.

The annual general meeting, which had been promised for this month, has also been put back until at least October.

Two attempts have already been made by the Shareholders Action Group to oust the existing regime through an extraordinary general meeting.

A third bid will be made with the Worcester City Supporters’ Trust at tomorrow’s home league match against Braintree Town (3pm).

Previous moves have been rebuffed as not having the required 10 per cent backing of the shareholders but the group has taken legal advice to ensure that is not the case this time. They are calling for the board to resign and fear the continued pursuit of a move to Nunnery Way will put the club out of business.

Their statement read: “Our major concern is the proposed move to Nunnery Way.

“Plans, as presented to public meetings, the press and city planners, do not accord with the actual proposals based on the limited funds available from the sale of St George’s Lane and the repayment of massive bank debts.

“To build the type of stadium publicised will leave a multi-million pound hole in the club’s finances.

“Moreover, there is no certainty as to when the new build will start, let alone finish, leaving the club to fund, out of the sale proceeds for at least the next four years, an annual six-figure budget deficit which will further deplete limited resources.

“The inability of the existing board to look exhaustively for alternative solutions and thereby secure the long-term future of the club with a sensible financial base is the reason for the disquiet and the need for a new board with new ideas and the ability to implement those ideas.

“The club cannot afford the move to Nunnery Way as currently envisaged and at the current rate Worcester City will not be playing football anywhere in five years’ time.”

The group once again reiterated their support for manager Richard Dryden and assistant Carl Heeley.

Meanwhile, striker Mark Owen has left City to return to Evesham, citing a need to spend less time at the club where he works with the academy.

City’s official website remains out of action, despite club assurances on Monday it would be up and running in 24 hours, but chairman Dave Boddy declined to comment.