WREXHAM striker Craig Faulconbridge has been placed on the transfer list after failing to agree personal terms on a new contract.
With the 23-year-old forward's present deal due to expire next summer, Red Dragons manager Denis Smith met Faulconbridge yesterday to tie up a three-year extension.
But Smith said he had no option but to place the former Coventry striker on the transfer list after the two parties failed to agree terms.
"There seems to be some breakdown in communications because the figures Craig came back to me with and the ones I had discussed with his agent don't seem to match up," Smith told the club's official website.
"We had made what I thought was a very good three-year offer to Craig and I thought we were near an agreement.
"It's a shame because we certainly can't afford to lose out on a player of his ability."
Wrexham vice chairman David Rhodes admitted selling Faulconbridge - who could be out of action for a month after injuring an ankle against Northampton on Saturday - would help the struggling Second Division club balance its books after announcing its biggest loss in 20 years.
The trading period for May 2000 to May 2001 saw the Red Dragons lose £364,517 - compared to a profit of £21,527 in the previous year.
The club - which has announced profits for eight seasons out of the past 11 - faces a difficult decision whether to hang onto top players like Faulcon-bridge and Darren Ferguson as it battles against relegation to Division Three or sell them to help wipe out the debt.
"Every player at every club is for sale all the time. Unfortunately, it is something which can't be ruled out," said Rhodes.
"We spent more on players' wages last season after bringing in people like Lee Trundle (from Rhyl) and three Trinidad and Tobago players (Dennis Lawrence, Hector Sam and Carlos Edwards) and we need to cut down.
"All this wasn't helped by a first-round exit from the FA Cup and Worthington Cup, which cost us between £100,000 and £150,000."
Meanwhile, Swansea City Supporters' Trust said fans should be "wary" of chairman Tony Petty's offer to give away a third of the club to season ticket holders.
In a statement published on the club's official website, Petty said, "The supporters' trust has made it clear they want me to sell the club. However, I want to go much further.
"Due to the events of the past few weeks, our focus has not been where it should have been. For this reason, I am going to give any existing season ticket holder, or anyone who buys a season ticket before January 1, 2002, free shares in Swansea City.
"There will be no charge whatsoever for these shares, which will also give fans full voting rights in the club, without any financial liability at all."
But trust spokesperson Marilyn Croft said, "We feel very strongly that supporters should be very wary about this offer because Mr Petty seems to be urging people to take shares and that seems strange.
"We still don't feel he has the best interests of the club at heart and doubt whether he is making this offer sincerely."
On the playing front, Swansea defender Jason Smith has been told he must have a further operation on his troublesome ankle.
The 27-year-old has already spent eight months on the injury list this year after damaging ankle ligaments against Reading in an LDV Trophy clash in February.
Smith had an operation in the summer and made his comeback at Luton in October. But the problem has flared up again and he will go under the knife next week, meaning he could miss the Swans' FA Cup second-round clash at Macclesfield on Saturday.