Jon Walters says he is disappointed but not surprised at the financial plight of his former club Chester and forecasts a similar fate for League clubs in the future.
Chester were served with a winding up order by HM Revenue and Customs in January and last week they were expelled from the Blue Square Premier League for failing to fulfill their fixtures.
Jon, who scored nine goals in 26 League games for Chester before joining Town in January 2007, has remained in touch with the club and still has friends there.
"It's disappointing obviously to see the situation Chester are in," he tells the Club website.
"I'm not surprised though. There were signs of the problems they were having when I was there. People were getting paid late virtually every month.
"If you are only getting in a couple of thousand fans every two weeks to watch home games and from that you've got to finance away trips, pay wages and everything else - it's difficult to see how they can afford to cover their outgoings.
"I think a lot of the League Two and even League One clubs face that problem and it's only a matter of time before clubs start to go out of business.
"They introduced the penalty for clubs going into administration a few years back and that number seems to be on the rise. It's a worry for the game. When you see Premier League clubs like Portsmouth struggling, you know there is a real problem."