Bury Football Club sponsor Bury Council has said it will not renew its sponsorship deal with the club beyond the 2011/12 season.
The council has backed the Shakers since 2009 when they signed a three year deal worth £160,000 having previously backed the club in 2002 with a one year deal when the npower League Two side was in administration.
The council cited large cutbacks as the reason not to extend the current agreement.
Councillor Bob Bibby, leader of the council, said: "We’ve been delighted to sponsor the Shakers over the years and it’s been a good deal for both sides. However, times are incredibly tough and we have to find enormous budget savings, not only this year but for the next four years.
Bury chairman Brian Fenton commented: "Our long term relationship has helped to keep alive the existence of our town’s football club which has been in our community for 126 years.
"While we appreciate the difficult times we are living in at present, the club and the council have vowed to continue to help members of our community to be able to come and enjoy the family atmosphere that the club offers to its supporters by giving more than 500 free tickets per game to the community. The club will endeavour to continue the hard work put in over the past eight years between ourselves and the council to the benefit of the borough."