Carlisle United chairman Andrew Jenkins insists the club have not discussed next season's playing budget - and won't until this campaign is over.

Jenkins used his programme notes ahead of the Blues' clash with Exeter to describe as "amazing" recent rumours about United's potential budget for 2019/20.

Jenkins wrote: "I understand rumours have been going around about next season's playing budget.

"This is quite amazing as it has never been discussed - and won't be until the season is over."

A recent discussion on BBC Radio Cumbria centred around the suggestion that a potential managerial candidate had pulled out of the race to succeed John Sheridan due to concerns over the budget for next season.

Sheridan himself had cited the potential budget among several reasons he gave for his decision to resign and join Chesterfield.

On United's current spending approach, Jenkins added: "It is no secret that after two seasons with the previous regime, where the board backed them 150 per cent, we had to work with a more realistic playing budget."

In his notes, the co-owner also praised the "tireless" work of director of football David Holdsworth, new boss Steven Pressley and his backroom team for their work to rebuild the squad in the January transfer window.

He also hinted that Pressley, who is currently on a deal until the end of the season, would be retained beyond that.

He said the Scot arrived with "a good pedigree" and the appointment had been "well-received" by fans.

On his deal, he said: "I can't see any reason at present why it will not be extended."