Kings Lynn in trouble
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Kings Lynn in trouble
They need £300k to see out the season and owner is having trouble finding the money. Over £1,000,000 spent on wages last season!!! I hope Spalding and Harborough are paying attention.
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Re: Kings Lynn in trouble
There are a lot of teams who have spent beyond their means for a long time, and I suspect we'll see more and more struggling as the season wears on.
Nuneaton in a similar boat (the people who took over quit 2 weeks later, now back looking for a new owner). Southend are constantly 1 court case away from a winding up order. And I'm sure there will be more.
As much as our financial prudence may irritate fans, and as much as we're struggling this year, at least we can be confident the board won't allow us to get into that sort of situation.
Nuneaton in a similar boat (the people who took over quit 2 weeks later, now back looking for a new owner). Southend are constantly 1 court case away from a winding up order. And I'm sure there will be more.
As much as our financial prudence may irritate fans, and as much as we're struggling this year, at least we can be confident the board won't allow us to get into that sort of situation.
The artist formerly known as Southstand.
Usually found at Midlands away games with my daughter.
Usually found at Midlands away games with my daughter.
Re: Kings Lynn in trouble
The Boxing day sales are approaching, the annual post xmas clear out from teams who are around midtable whose budgets are not sustainable any more as the dream of promotion is over.
Hope we have saved up for the Xmas sales as we may get that Striker we crave
Hope we have saved up for the Xmas sales as we may get that Striker we crave
AFC Rushden & Diamonds - Member No. 32
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Re: Kings Lynn in trouble
I wonder how much longer this sort of thing can go on for before some form of FFP gets introduced in Non League (possibly in line with similar rules that are in place in League Two).
FuriousHoon / Ollie
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Re: Kings Lynn in trouble
Another in trouble - Marske Utd in the league above us withdraw from the league.
https://www.bbc.co.uk/news/articles/cw4eg0gn4j0o
https://www.bbc.co.uk/news/articles/cw4eg0gn4j0o
The artist formerly known as Southstand.
Usually found at Midlands away games with my daughter.
Usually found at Midlands away games with my daughter.
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Re: Kings Lynn in trouble
I do think it's going to be a very interesting summer regarding clubs getting demoted, withdrawing from leagues etc. It goes to show that, even if we finish in the relegation places cime the end of the season, it is important we don't finish bottom. You never know what reprieves might happen over the summer.Stourbridge_Diamond wrote: ↑Fri Jan 05, 2024 2:48 pm Another in trouble - Marske Utd in the league above us withdraw from the league.
https://www.bbc.co.uk/news/articles/cw4eg0gn4j0o
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Re: Kings Lynn in trouble
Exactly my thinking. There must also be some serious questions around some of the grounds in this league. I won’t name names but if you have been there you know who I’m talking about.
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Re: Kings Lynn in trouble
Agreed, been to every away game bar Cambridge City this season and there are some very questionable grounds!fentiger79 wrote: ↑Fri Jan 05, 2024 4:34 pm Exactly my thinking. There must also be some serious questions around some of the grounds in this league. I won’t name names but if you have been there you know who I’m talking about.
Lee Tomlin la la la
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Re: Kings Lynn in trouble
The artist formerly known as Southstand.
Usually found at Midlands away games with my daughter.
Usually found at Midlands away games with my daughter.
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Re: Kings Lynn in trouble
Since I said this, alongside Nuneaton we've now got Rochdale on the brink and Torquay about to appoint administrators. It's been a bloodbath for non-league this yearRushdenjim wrote: ↑Fri Jan 05, 2024 3:40 pmI do think it's going to be a very interesting summer regarding clubs getting demoted, withdrawing from leagues etc. It goes to show that, even if we finish in the relegation places cime the end of the season, it is important we don't finish bottom. You never know what reprieves might happen over the summer.Stourbridge_Diamond wrote: ↑Fri Jan 05, 2024 2:48 pm Another in trouble - Marske Utd in the league above us withdraw from the league.
https://www.bbc.co.uk/news/articles/cw4eg0gn4j0o