The Board of Directors issue an update ahead of the Iron’s latest home clash against Bishop’s Stortford, three weeks since the change of ownership…
Firstly, it’s good to have Jimmy Dean back in the building after his operation, and congratulations to the whole team on an excellent performance on Tuesday night against Spennymoor Town. Let’s hope the Iron fans enjoy the same success tomorrow against Bishop’s Stortford. Every week we need you as the “12th Man”, and that continues tomorrow where we hope to have another bumper crowd.
While we have secured the club at present, we are now focused on the next step, which is securing our home at Glanford Park. Discussions continue to progress well, and we are hopeful of a contract exchange by the middle of November, with completion shortly afterwards.
However, that is when the hard work really starts. We really need the support of all our fans coming through the turnstiles and local businesses investing in both the club, and our community. Let’s face it, this football club is integral to the town of Scunthorpe, and we sincerely need everyone to do their bit.
We, as a club, are battling extreme levels of debt inherited - a figure which exceeded over £1.2 million, and the majority of that is required immediately. Non-payments to HMRC, pensions, VAT, and football creditors are all seen as priority creditors, and we need to generate income to fund these debts as well of course paying our dedicated staff on time in the coming days.
As a Board, we have already demonstrated our commitment to stabilising the club’s immediate financial health, and have managed to reduce that level of debt, but we still face an uphill fight to keep reducing it. We must develop a business plan which is sustainable from sponsorship, donations and our supporters coming to watch us. All of this, including purchasing from the shop, booking hospitality in our restaurant, catering and any other initiatives, is critical for our future.
Tomorrow, we play Bishop’s Stortford where we hope to put on another great display and pick up three more points as we challenge for the top of the league. We need each and every one of you to come down to Glanford Park and cheer on the team. Your club needs you.
The Board of Directors extends their sincere thanks to all those who have so far played a role in our endeavours so far. The past three weeks have been a testament to the strength of unity within the Scunthorpe community, and the wider footballing family. The support received has been monumental, and we look forward to further collaboration as we look to shape a prosperous future for our beloved football club. We are working really hard to stabilise the club, and will continue to work on developing initiatives to help us move forward.
This is your club. Let’s make sure our future is bright!