To blame Graham and his family for all the clubs problems is a bit wrong in my opinion,they have done a lot of good and are always one of the first with paint brushes in hand when jobs need doing.Geoff Goodwin got the cash side of the club sorted out after we neally went out of business due to bad debts and when he quit he handed over to someone (graham)who would keep the club Debt free.remember we live within our means,which does mean a small squad and on top of that we have had bad luck with injuries this season.I believe if these injuries had not happened we would be mid table and not looking around worrying about relegation.
next season clubs getting relegated from the 4th division will get a bigger parachute payment making it even harder for smaller clubs to do well in this league
That highlighted section is factually incorrect though.
Losses have been reported at each of the club's last three consecutive AGMs, prompting the Chairman's recent warning.
In the words of the Chairman himself, taken from his own address to the shareholders at the club's recent AGM:
"However, it (i.e. the 2014/15 season) came at a cost to the club and as the accounts show we made a £40k loss last season, following on from a £16k loss the previous season, despite bringing in substantial funds from the transfer of Duncan Watmore to Sunderland. These losses cannot be sustained on a long-term basis and we need to look at ways of addressing these losses.
The 2015-16 budget is projected to lose £36k and, as a consequence, the Club’s cash reserves will be down to £38k by the season end, leaving little room to manoeuvre, should unforeseen circumstances arrive – and we all know what’s happened this season!"