conf south eastleigh - statement

[Uncle Urchin]

"We can confirm that members of the Board of Eastleigh Football Club will be holding discussions with the Manager, Coaching Staff and players over the next few days, in order to confirm our playing budget for the remainder of this season.

 

Along with every other Football Club, we have suffered directly from the on-going "credit crunch" - with a substantial reduction in our sponsorship income. This in turn has had a detrimental effect on our cash flow, and following our exit from 2 Cup Competitions in the past week it would be remiss of the Board not to seek appropriate action.

 

We would wish to make it clear that any action we might favour, will be in the full knowledge of and with the full co-operation of the Manager."

[ShedBoy]

Grays Athletic FC (Blue Square Premier)

Press Release

Monday 13th October 2008

 

 

Following the financial situation that is affecting the country as a whole, Grays Athletic FC regretfully announces the following.

 

The clubs three major sponsors have been forced to withdraw their financial support for the club and therefore some drastic economic cuts will have to be made.

 

After an emergency board meeting the clubs directors have stated the following;

 

The general running costs involved in providing over night accommodation, transport and medical cover during the season will be greatly affected.

 

Salaries paid to contract / non contract players and staff will have to be reduced, this would mean players salaries being cut by 50% from now, the club would however seek to repay the deficit at times when funds are available.

 

Players who are affected by the changes will be free to leave the club with immediate affect; however the club will make every effort to minimise the disruption to training and preparation for matches.

 

Chairman Mike Woodward states

[Nutchutney]

Sad but true and I feel sure that other clubs in non-league football will also find funding being withdrawn as sponsors face their own difficulties.