Lowestoft Town are the latest Bostik club to find themselves in financial difficulties, following Dulwich Hamlet’s ongoing issues as tenants at Champion Hill, a site owned by Meadow Residential. Lowestoft players and staff went unpaid for the month of January, articulating just how bad the financial issues are for the Suffolk club. Alan Green, stepped down from his position as chairman of the club recently, due to the difficult circumstances the Trawler Boys find themselves in.
Lowestoft are a historic non-league club, with a rich history, which includes reaching an FA vase final. Following relegation from the National League North in the 2015-16, the Trawler Boys attendances have been in major decline, meaning the revenue of the club has taken a major hit. With what the club describes as an “extremely high wage structure” in comparison to the majority of Bostik Premier league clubs, the falling away of attendances have placed the club in financial peril.
Lowestoft media manager Sean Galea-Price stated:
“The plan now is to tackle these problems is to engage in supporter meetings in which full details of the situation the club finds itself in can be revealed. The club then can plan to devise a short term plan to see us through the last nine weeks of the season and the summer. We hope we can finalise a long term plan and begin to rebuild our club.
It is times like this that we need the supporters help more than ever. There has been a lot of good times with promotion success and an FA cup FA vase final in recent years. But unfortunately, the club has fallen on hard times and it is now vital that fans come out in their numbers for the remaining home matches as we fight to secure out Bostik Premier division status”
Being the furthest East team in Britain, the sun is the last to set in Lowestoft, and it would be a great shame if the sun was to set on Lowestoft Town and they were unable to continue next season. The club are really keen for the population of Lowestoft, and its wider area, to get behind the club in these difficult times, and support the teams aim to stay in the Bostik Premier division.
The next home fixture for Lowestoft Town is on Tuesday 13th March at The Amber Dew Events Stadium, where they will host North London’s Wingate & Finchley. If you’re in the Suffolk or Norfolk area, please lend your support to Lowestoft Town.