York City have released half of their senior squad because of the financial constraints the club is under.
Eight players whose current deals expire this summer have been freed by the Minstermen, who just missed out on a place in the Third Division play-offs.
Those going are Tom Cowan, Gary Hobson, Lee Nogan, Graham Potter, Christian Fox, Chris Smith, Craig Wilding and John Collinson.
Cowan, Hobson, Nogan, Potter and Smith all played major roles under Terry Dolan last season.
But with York still short of money and season tickets having already been sold in advance in cut-price offers, there is no cash coming in to make new offers.
City's finance director Terry Doyle said: "Under normal circumstances, many of these players would have been retained. Unfortunately, financial restrictions do not allow this to happen.
"As the new board of York City Football Club we have an obligation to all the people that strived so hard to save the club.
"We must remain realistic and keep a tight rein on the club's finances in order to secure a long-term future for York City," Doyle told the York Evening Press.
The move leaves Dolan with only Darren Edmondson, Richard Cooper, Jon Parkin, Chris Brass, Lee Bullock, Leigh Wood, Stephen Brackstone and Scott Jones remaining on his staff.
And youth-team defender Stuart Wise was recently awarded a professional contract.