Iron Bru › Forums › Blast Furnace › Closing academy › Reply To: Closing academy
The academy debate rumbles on. I actually believe some of what the OP said to be true.
There is some suggestion that the academy would not be eligible for funding next season. This is simply not true. Funding would drop from £500,000 to £250,000 next season. Hilton confirmed as much on the interview with James.
The crucial point here though is that the club did not spend the full £500,000 funding on the academy last season.
The funding is not ring fenced and can be utilised in other areas as long as the academy is run adequately.
The claw backs mentioned can happen to any club at any time but given Hilton has announced the closure of the academy we may come under more scrutiny.
At least two roles, including a Lead Foundation Phase coach and a player care role, were not filled despite the club receiving the funding. This leaves the club open to the possibility of a claw back.
Hilton was correct that the current set up does cost over £250,000 to run so keeping it would cost the club money that they clearly do not have.
However a stripped back academy could theoretically continue to operate for little or no cost next season with the £250,000 funding. They train up at the school and have offices up there, so the closure of the training ground and Glanford Park during the week would have very little impact.
The funding stops completely at the end of next season, so that would be a different situation entirely.