The resignations are the result of a long-standing disagreement over the financial relationship between Bangor City FC and Nantporth CIC.
Ivor Jenkins stated “it is not a fair arrangement and the most recent licence applications shed light on undisclosed creditors from the previous board that should have been presented when we came in.”
Director James Lees added “in light of yesterday evening's meeting we will look to rectify this situation at the earliest opportunity and will look to appoint a new Chairman as soon as possible.”