Reply To: Spennymoor Town FC

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#275927
Rene ArtoisRene Artois
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Registered On: September 18, 2023
Topics: 403

It depends on how much the new owners are willing or able to subsidise.

Going off the figures in the public domain- Currently, we are approximately 70k short of paying the wage bill and that doesn’t includes servicing the debt nor operational costs. It a safe assumption we are losing 100k a month.

How long can that go on for? Crowds will not cover the costs unfortunately.

I believe that you have just answered your own question.

Has anything really changed?

We still don’t have an owner that can and is willing to bankroll us.

It looks as if we are still heading for the buffers?