Fleet forced to make budget cuts

Thursday 26th March 2009

EBBSFLEET UNITED must find an extra £25,000 per month to keep their playing staff as competitive as possible, writes Stephen McCartney.

The Fleet are Kent’s only full-time non-league football club, but have announced this week that they must find extra ways of bringing in money.

The relegation threatened Blue Square Premier club would have banked a reported £300,000 had they booked their place in the FA Carlsberg Trophy Final at Wembley Stadium, but the holders were defeated by Stevenage Borough in the semi-finals, going down 4-2 on aggregate.

The Fleet attract average home gates of 1,375 to Stonebridge Road and are the fourteenth best supported club in the division.

But the club will undergo a series of budget cuts as of the first day of next month and join a long list of Kent clubs that are feeling the pinch in the current credit crunch.

Ashford Town, Fisher Athletic, Folkestone Invicta and Margate have all local sides that have unveiled financial concerns, due to unpaid tax bills.

And The Fleet have issued the following statement as they bid to raise funds to maintain their present Blue Square Premier status.

Following Saturday’s FA Trophy exit, the club released the following request to its many supporters on behalf of the CEO (David Davis), chairman (John Moules), vice-presidents, MyFootballClub, Trust Board and the Fleet Trust Board.

“As of June 1 2009, it is estimated the football club will have a positive bank balance of around £30,000.

"This does not include sales of 09/10 season tickets, but takes into account Eurostar sponsorship money (May 09 to April 10) plus all the funding available from MyFootballClub (approximately £80,000 as of 23/3/09).

“It's rare for any professional football club, in any league, not to be burdened by debt, and we are in a minority of clubs in the Blue Square Premier, South and North divisions to be in such a position.

“If we work together over the next couple of months, we can take advantage of this situation.

“We estimate an extra £25,000 needs to be found each month to keep our playing squad as competitive as possible. Without additional and ongoing funding, the football club faces a tough 09/10 season.

“Our strategy must be two-fold; keeping costs to an absolute minimum at the club, while raising extra funding to ensure the best possible Ebbsfleet United team takes to the pitch every week.

“From April 1st, a number of cost cutting measures will take place. Club CEO David Davis has offered to work on a voluntary basis for the club. A further saving has been made thanks to the generosity of Fleet Group Development (FGD), who is contracted to the club in order to deliver a new stadium.

“FGD have agreed to work for free of charge on behalf of the club, which could mean a saving of up to £40,000 per year.

“Unlike other clubs, The Fleet does not rely on a single benefactor or small group of directors. The club's funding comes from its thousands of supporters across the world.

“This means that everyone giving The Fleet an affordable amount each month will help put the football club in a sustainable position.

“The club's single biggest cost is its playing staff. Through 'Friends of the Fleet', supporters are able to contribute monthly, to invest in the playing staff, to help keep the club as competitive as possible for the 09/10 season.

“Many individuals have already offered to give monthly to the club. In addition, The Fleet Trust has confirmed that it will contribute a monthly sum. And the club's ex-Directors have also agreed to give the club £300 each month.”

Two and a half thousand Friends of the Fleet, giving £10 each month will help the club find that additional £25,000 per month.

As at 10 o’clock tonight, the scheme had already raised £1,050 per month.

The statement added, “We have little over two months until the 2009-2010 playing budget is set on June 1 2009. Please help us to sign up as many Ebbsfleet United supporters as possible to Friends of the Fleet so we can build towards a successful 2009-2010 season.”

To sign up, visit www.eufcforum.com/fotf.php 

Visit Ebbsfleet United’s website: www.ebbsfleetunited.co.uk

IS YOUR CLUB IN TROUBLE?
If there are any Kent football club chairman that would like to be interviewed about the finances of their club please get in contact with Stephen McCartney on 07979 418 360.

www.kentishfootball.co.uk would like to write an article concerning finances in the game, including players’ wages, the credit crunch, and the financial situation at your club.

We would also like to hear from players that have been effected by the credit crunch.