Magpies player-manager Shaun Teale has vowed to use the savings on the contract of departed skipper Jamie Vermiglio to entice new players to Victory Park.

Vermiglio rejoined former Chorley boss Mark Patterson, at Conference North club Scarborough, on a free transfer after he refused to accept a pay cut and become a non-contract player.

It means Chorley no longer have any contracted players.

Teale said: "Jamie explained to us that because of his personal situation he couldn't afford to take a pay cut and we accept that.

"At the same time, we can't afford to pay anyone who is not playing. It's as simple as that.

"Last season Jamie missed 12 weeks of the season mainly through injury and we had a number of different captains in his absence.

"We wish Jamie every success and while we did not receive a fee from Scarborough the deal includes a sell-on clause, so Chorley will receive a percentage of any fee if he moves on.

"Because of our financial situation a lot of people have worked tremendously hard to raise funds for our club and we just have to make ends meet as best we can.

"We can bring in at least two experienced players for what Jamie was costing us."

Vermiglio, who joined Chorley on the advice of work colleague and former Magpies player Darren Emmett three years ago, graduated through the Reserves set-up.

He made two substitute appearances and one start under Mark Molyneux, but it was his successor Mark Patterson who gave him a run as a regular first-teamer, with a run of 22 successive outings from November 2003.

He was Player of the Year in his first season and in 2005 carried off both players' and fans' awards.

John Hughes appointed Vermiglio as captain after the departure of Jason Jones in late 2004.

Chorley's new captain is defender Martin Clark who joined the Magpies from Lancaster City two years ago.

Clarke, voted the Players' Player of the Season last year, skippered the side against Preston North End two weeks ago.

He was captain on four occasions last season and fans' choice as Player of the Month in February and April.