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 Post subject: Daggers in the clarts too
PostPosted: Fri Feb 02, 2018 5:24 pm 

Joined: Wed May 11, 2011 4:25 pm
Posts: 4198
This from Hereford's Bull News.

"Meanwhile down south, Glyn Hopkin has resigned as a director of Dagenham and Redbridge.

Hopkin fronts a consortium that owns 74% of the club and he had been covering losses, but stopped doing so at the end of last year.

The Barking and Dagenham Post reports: "Whilst £1.3 million was raised by the initial allocation of shares this has not been sufficient to cover the losses incurred last season.

"So far this season and whilst Glyn Hopkin has funded this overspend this funding ceased on the 31st December 2017.

"He also advised that he would no longer fund any further shortfall in the running of the company and it was agreed by the four members of the consortium to try and find a new buyer for the club as soon as possible."

Never mind the National League being a hard division to get out of, it's starting to look like a hard division to survive in.

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