Players at Morecambe FC have not been paid eight days after their wages were due.
According to reports the club is working with the Football League and the Professional Footballers' Association to come up with a solution.
The news comes as the club is currently going through a change of ownership with Brazilian entrepreneur Diego Lemos taking over the Shrimps. Lemos, who lives in Qatar, has received consent from the English Football League to take a controlling interest in the club.
The club has remained tight-lipped over the non-payment of wages and changes in the commercial management team at Morecambe FC.
Speaking to BBC Radio Lancashire, Gordon Taylor, chief executive of the Professional Footballers' Association (PFA), said the club had been experiencing "cashflow problems".
"There has been the takeover, new owners, the financial problems which we have helped with and we expected things to be going a lot more smoothly but this hasn't been the case," said Mr Taylor.
"Apparently there have been cashflow problems. We have spoken to the owner and the Football League and the lads have not had their wages on time.
"There is talk of maybe selling a player and we are awaiting a response from the Football League and the league's lawyers to see if the matter can be resolved as soon as possible. We have been assured that will be the case and we are keeping a close watch on the situation at the moment.
"Of course it's worrying but we hope it will be sorted very soon.
"I'm hoping this doesn't become too serious. We're optimistic it will be resolved in the next week. You've got to think about the staff, they are due their wages, Christmas is coming. We have helped the club in the past and if there are serious aspects of getting back on track, we will help them again."
The Fans Club Morecambe (FCOM) put a statement out after news broke that the players had not been paid.
"As the official Fans Club for Morecambe FC we share all fans' concerns in light of recent news stories," said a spokesman.
"First and foremost, we urge all fans to support the team and staff during this unstable period, starting in tomorrow's 1st Round FA Cup tie vs. Coventry City. Following the match, FCOM representatives will be available to discuss and collate all supporters' concerns and questions to be put to the club.
"FCOM will continue to work in the best interests of all fans and remain independent from Morecambe FC.
"We share the hope that clarification from the board will take place ASAP.
"Until we have all the facts, we would strongly suggest caution on speculation."