Benefactor walks away

Benefactors can bring untold riches to clubs.  But they can also suddenly walk away, transforming a club’s prospects in the opposite direction.   This can be because their money dries up or because they become disillusioned.   The latter applies to Evo-Stik Southern Premier club AFC Totton, currently second in the division.

Benefactors can bring untold riches to clubs.  But they can also suddenly walk away, transforming a club’s prospects in the opposite direction.   This can be because their money dries up or because they become disillusioned.   The latter applies to Evo-Stik Southern Premier club AFC Totton, currently second in the division.

Jim Fallon has decided to pull his funding out of the club.   His company Beaumont Water Heaters had been ploughing £2,400 a week into the club to fund its bid for promotion to the Blue Square South.  He also paid £10,000 to sponsor the first team kit and was planning to put in another £50,000 next season rather than renew his executive box at Southampton.

However he became unhappy with what he saw as the club’s inability to raise sufficient funds to turn the Stags into a self-financing club.   The club should not have any problems for the rest of the season given their good FA Cup run.