Non-league football clubs with limited reserves and a fragile cash flow have been hit hard by the economic downturn. So it’s encouraging to hear some relatively good news. Blue Square South club Lewes survived a winding up order when their debt to the taxman was paid 24 hours before a winding-up order was due to be heard in court. The 125-year old club is fortunate to be located in a relatively prosperous area and supporters rallied round to find the £48,000 required. King’s Lynn did go under over an unpaid tax bill of around £70,000, but are set to return next season as Lynn FC.
Non-league football clubs with limited reserves and a fragile cash flow have been hit hard by the economic downturn. So it’s encouraging to hear some relatively good news. Blue Square South club Lewes survived a winding up order when their debt to the taxman was paid 24 hours before a winding-up order was due to be heard in court. The 125-year old club is fortunate to be located in a relatively prosperous area and supporters rallied round to find the £48,000 required. King’s Lynn did go under over an unpaid tax bill of around £70,000, but are set to return next season as Lynn FC. West Norfolk District Council have awarded King’s Lynn Stars speedway owner Buster Chapman the lease of the Walks stadium. The former Unibond Premier club is likely to re-appear in the Ridgeons Eastern Counties league. The new owner plans to build links within the community and to be careful about spending. Fans had mixed emotions. They were pleased to have a club to support once again, but disappointed that the Blue and Gold Supporters’ Trust bid had been unsuccessful.