Head coach Daryl McMahon and his assistant Steve Gritt have tendered their resignations at troubled Sky Bet League Two club Macclesfield.

McMahon, 36, succeeded Sol Campbell as boss of the Silkmen in August and has won only four of his 25 games in charge, but his tenure has been overshadowed by continuing financial problems at the club.

A club statement said: "Macclesfield Town can regretfully confirm that head coach Daryl McMahon and assistant head coach Steve Gritt have both tendered their resignations.

"We are taking advice from our legal team in relation to this and will provide a further update as soon as possible."

Macclesfield were deducted six points for non-payment of wages and the failure to fulfil a fixture against Crewe on December 7, and sit just outside the relegation places, 22nd in League Two, as a result.

A further punishment is expected after a second League Two fixture, the match against Plymouth scheduled for December 21, was postponed when the club were served with a "zero-capacity notice" by the local safety advisory group, meaning no supporters could attend.

Club owner Amar Alkadhi said in December he was in "advanced negotiations" over the sale of the club.

Macclesfield have faced multiple winding-up orders in recent months, including one supported by Campbell following non-payment of wages.