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JEFF · 25-03-2004, 15:41

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Will Telford keep playing?

The club has been told it can continue until the end of the season, but no more money is available. The only cash entering the club will come from gate receipts at the New Bucks Head.

What happens after that?

Someone - an individual or a consortium - will need to come forward to buy the club at the end of the season. This would mean a big gamble, as Telford United does not make money and has always found life a struggle.
Anyone taking on the club may well have to take on its debts, said to be in the region of £650,000.
Commercial director Robin Eaves estimates that any new owners would have to put £1 million a year into the club.

Will Telford get to keep its players?

Paying the players will be a big problem for the club, and it's likely that at least one or two will go, if only to bring in some money and reduce the wage bill.
Wages will be a big problem for Telford in coming weeks. Some mebers of the squad are on wages as high as £2,000 per week.

And what about Mick Jones, the manager?

He's offered to stay on and take no wages from the club until the end of the season.

Level with me. What are the chances?

Telford's directors are not crying wolf here.
This financial predicament comes during a season when achievements on the pitch have been well above par.
They reached the fourth round of the FA Cup for the first time since 1985, and seem on course for a place in the FA Trophy final.
Yet crowds at the New Bucks Head have been disappointing, especially in the cup games, despite the new-found success.
The directors want to keep Telford United and its newly-completed facilities together - but they are going to have a major job on their hands doing so.
Many football clubs have gone bust and risen from the ashes again under a new trading name - Leicester City being a most recent example - and if there's a will, Telford United will emerge from this in some form or other.
The question is, what will that be?

25-03-2004, 15:41	#14
JEFF Resting In Peace Join Date: Mar 2004 Posts: 2,084 Liked: 1 times Rep Power: 2025	Re: Telford United LATEST Will Telford keep playing? The club has been told it can continue until the end of the season, but no more money is available. The only cash entering the club will come from gate receipts at the New Bucks Head. What happens after that? Someone - an individual or a consortium - will need to come forward to buy the club at the end of the season. This would mean a big gamble, as Telford United does not make money and has always found life a struggle. Anyone taking on the club may well have to take on its debts, said to be in the region of £650,000. Commercial director Robin Eaves estimates that any new owners would have to put £1 million a year into the club. Will Telford get to keep its players? Paying the players will be a big problem for the club, and it's likely that at least one or two will go, if only to bring in some money and reduce the wage bill. Wages will be a big problem for Telford in coming weeks. Some mebers of the squad are on wages as high as £2,000 per week. And what about Mick Jones, the manager? He's offered to stay on and take no wages from the club until the end of the season. Level with me. What are the chances? Telford's directors are not crying wolf here. This financial predicament comes during a season when achievements on the pitch have been well above par. They reached the fourth round of the FA Cup for the first time since 1985, and seem on course for a place in the FA Trophy final. Yet crowds at the New Bucks Head have been disappointing, especially in the cup games, despite the new-found success. The directors want to keep Telford United and its newly-completed facilities together - but they are going to have a major job on their hands doing so. Many football clubs have gone bust and risen from the ashes again under a new trading name - Leicester City being a most recent example - and if there's a will, Telford United will emerge from this in some form or other. The question is, what will that be?