Following on from our previous statement we can follow on with this being the toughest statement we have produced.
We can confirm that the club is in an impossible financial situation. The previous 2 months has financially crippled the club with no financial incomings and greater financial outgoings.
The club met with the manager to discuss this and inform them of the situation. The club had to act on finances available and reduce the budget in order to save the club. Unfortunately due to the lack of income from recent postponed matches, the club is unable to continue paying the current budget. These changes needed to be made in order to still have a Football Club.
If we continued to pay players and management in full with no incoming finance, unfortunately the club would no longer exist.
The manager held a meeting with the players and it was decided at the meeting that the Management Team and Players will all leave the club with immediate effect.
We now start the very difficult task of rebuilding the club which is steeped in history and located within a fantastic community.
We are working with the EBAC Northern Leagues Management Committee regarding our remaining fixtures. The situation has left tomorrow’s game vs Carlisle City unplayable and will not go ahead. We will keep all supporters informed of every process going forward for open and transparent communication.
We ask for your understanding and support during this very difficult period.
Come on Premier League clubs get your hands in your fat rich pockets