Fan run club may need overdraft
FC United of Manchester may have to apply for an overdraft as they are 'in a worrying financial position'. They are struggling to meet their targets and heading towards a loss this year. That will leave the club unable to meet further obligations for the development of Broadhurst Park which they moved into in 2016.
The Red Rebels had appointed a new board in the summer and hoped their financial situation would improve. However, they now admit that they had a staffing structure that was 'unfit for purpose' and an 'unrealistic' financial plan for the 2015-16 season.
Whatever governance structure a club has, and however able the people who run it are, the financial pressures in football at any level are difficult to cope with.