Holland said that the writing was on the wall following last week's home defeat against Rotherham and Dagenham & Redbridge's stunning comeback victory at Darlington.
"We knew that was pretty much it after last Saturday, but you always hope it is possible," he said.
"It is a massive blow to the club and the town and I am as disappointed as anybody.
"But sometimes you have to take a step back to take two forward and we hope we can do that here.
"We need to get things right on and off the field and look at how other clubs have bounced back."
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