In a statement on Hereford United's website, the club chairman explained that players were sent a group text this morning telling them they wouldn't be paid their wages.
"As the players have now finished attending the club, manager Martin Foyle used a group text message to inform all the players this morning, whilst I personally met with the other club employees. We believed it best not to promise payment on a date we could not guarantee whilst the cashflow crisis continues. Once again we will manage any emergency situations as they arise."
Former Port Vale manager has been unveiled as Hereford United's First Team Manager.
Foyle, aged 49, beat off opposition from over 40 applicants for the vacant managerial job at Edgar Street.
Hereford United chairman David Keyte said, "We had been strongly advised by many people to appoint a manager who has Conference experience. "Martin certainly has a wealth of experience as player, coach, assistant manager and most importantly as manager."
"We'll be looking for him to draw on his experience and his contacts within the game to assemble a squad capable of challenging for promotion."
Foyle enjoyed a successful playing career as a striker, making appearances for Southampton, Aldershot, Oxford and Port Vale. He scored almost 200 goals in his 555 professional career.
Hereford play promotion chasing Torquay tomorrow knowing they not only have to win, but also rely on fellow Midlands side Burton Albion beating Barnet, otherwise they will be relegated from the football league.