Brakes cut playing budget
The financial challenges being faced by non-league clubs are illustrated by the case of Leamington. Shareholding is widely dispersed among fans and the club is run on a prudent basis. However, the club admits that it has been a struggle to balance the books in recent years despite a significant increase in commercial revenue.
Clubhouse and match-day revenue has been diminishing leading to a 10 per cent cut in the playing budget this season. Fiscal consolidation is also having an impact. Warwick District Council has reduced the club's business rate relief from 100 per cent to 60 per cent, creating a new bill of £3500 a year.