This does not affect the Senior Development, Youth, Junior or Mini teams.
Leicester Road Football Club Limited has been put into Voluntary Liquidation.
The club has stated that this decision does not affect the Senior Development, Youth, Junior, or Mini teams, who will continue to operate, play, and be based at Leicester Road Stadium without exception.
A statement said: "A new entity will be formed to apply to re-join the National League System as a phoenix to the former and it is hoped that senior first team football will be re-established for this coming season under new leadership."
Leicester Road Football Club Limited said: "The current economic climate has created many additional challenges on top of the traditional headaches that come with running a successful semi-professional football club. We have tried to absorb these challenges rather than pass them on to our loyal supporters but day to day operating costs have spiralled out of control and revenues have dropped significantly.
"We have a core of very hard-working staff but both retirements and several recruitment failures in key positions has left us in a position where we simply cannot continue to operate at this level of intensity.
"The senior first team ended the season as the form team in Northern Premier League Midland Division, finishing in a very credible 10th place due largely to the coaching style of Neil Lyne and the players commitment to his methods whilst our operational staff continued to deliver the professional service that made us the club we are."
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