I understand if Lincoln City cannot offer me a long-term contract, says David Holdsworth

David Holdsworth is prepared to commit his future to Lincoln City, but accepts that the current circumstances mean that it might only be for another year.

Imps chairman Bob Dorrian revealed that with the club's current finances they are not in a position to take what he described as the "risk" of long-term contracts.

Having worked with a reduced budget this season, Holdsworth revealed that he fully understood the situation and is happy to keep working with it when contract negotiations are scheduled to start next month.

"The club has only a certain amount of money and has to budget itself appropriately," said Holdsworth.

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"If that means that I only get offered another year, then that is fine.

"The club has never put me under any illusions of where we are financially.

"They have been upfront with me regarding the money and I have been so with the players.

"I'm okay with that, I relish the challenge that brings and I'm more than ready to keep doing it."

Holdsworth has operated with the club's lowest playing budget in more than 40 years.

But he has been able to pull off some impressive results that culminated in a run in the FA Cup to the second round which brought in much needed cash to the club.

"It has not been easy, we've had to work hard with a young group of players and I'm very proud of where we are at," added Holdsworth.

"There has been a lot of change, but right now we have a good structure and it is one that I'm very keen to maintain.

"We have built a good foundation with some young talented players and I'm eager to keep going and progressing, even if it is just on a short-term deal."

Having dropped down to the Blue Square Bet Premier, Dorrian and his board have been forced to cut their budget and reassess what they can offer, with any deal longer than one year currently not an option.

The Imps chairman was quick to stress that the short length of the deals was simply down to money and not the quality of the staff at the club.

"One-year deals are no reflection on the ability or talent of the players or manager," said Dorrian.

"Quite simply, we are a club which cannot afford to make deals that go beyond one year at present.

"We have seen that two-year deals don't work. In the past you have found some people come to the second half of their contract and they lack motivation and commitment.

"It can be an expensive business moving them on and a club needs quite serious financial muscle to be able to afford the risk of signing people for more than a year."