Sad to see non league clubs go under but there is always a reason, live within your means, don't borrow what you can't afford, don't gamble on success either, prudence!
Absolutely spot on Gregg.
Ilkeston were known to be paying very high levels of wages during the past season, no doubt funded by a wealthy benefactor. He might have either lost interest, gone bust himself, or in Croydon Athletic's case, got arrested! That's fine if you have some sort of contingency in place, but when the sugar daddy walks away, the club can't even afford to pay the groundsman, let alone the tax bills and they will go under.
I've a feeling that there will be quite a few more clubs going this way over the next couple of years when the effects of the recession really kick in (you ain't seen nothing yet - believe me!).
As these clubs are clearly incapable of managing their own businesses properly, surely the FA needs to get involved and make sure clubs operate wihin their means more. Perhaps insisting that they can demonstrate that at least 50% of running costs (incuding players wages) are met through the operation of the club, and not from the owners pocket?
What ever happened to the FA's "Fit and Proper" football clubs' owner's checks - or did that initiative have just about the same amount of teeth as the FA's other brainchild "Respect"?
Author
Topic: Another Club Down The Pan :( (Read 556 times)