Weymouth Sportswatch

Weymouth’s woes just seem to be getting worse with the double whammy of another crushing defeat and the news that the club is on the verge of going into administration.

A formal statement from the Board of Directors on Saturday revealed a 10 day deadline for the finding of £50,000 worth of investment or sponsorship. If the money isn’t found, the board says they’ll “have to consider the painful decision of the club going into administration”.

The current board inherited a half million pound debt when they took over in March. Share money from fans managed to keep the club going until the end of last season. The board also put in their own money to pay off creditors who were threatening to close the club down.

The board believes that the club is viable on a medium to long term basis, as it just meets the day to day expenses of paying for the players and their running costs. The current crisis has arisen from some creditors stepping up the pressure for repayments, including Weymouth’s bank, who’ve demanded they repay their overdraft.

To read the statement from Weymouth FC, click here.

Meanwhile, club manager Matty Hale has told his players to “take a good look at themselves” following Friday’s 3-0 defeat at the hands of Weston-super-Mare. Hale said he thought the Terra’s first half performance at the Woodspring Stadium was very poor – and even though the second half looked more promising, Weymouth didn’t manage a single goal and went down to their third defeat out of the six matches played so far this season.

A full match report is available on the Dorset Echo website.