The owners of Weymouth Football Club have revealed plans to issue a million shares to help save the club after the collapse of takeover talks this week.

Chief executive Gary Calder said: "The talking's got to stop, if they don't we'll have to make a tough decision early next week.

"The players have not been paid in 2009 and the club owes around £300,000. A million shares, worth fifty pence each, will now be sold in an effort to raise funds.

If the move is unsuccessful the club could face administration or liquidation.