FOOTBALL: Setanta collapse leads to Crawley Town budget cut
CRAWLEY Town chairman Vic Marley has revealed he is about to cut their budget for next season because TV company Setanta have gone into administration.
Their subscription sports channels have been being taken off the air and the firm has reneged upon their massive debts to the Premier League and Scottish Premier League.
This means they will not be able to continue to broadcast live Conference matches and that this will have major implications upon clubs who rely on this revenue, like Crawley Town.
Last season the Reds received around 80-90,000 from the deal, and the fact that unless another broadcaster steps in, this money will have to be cut from Town manager Steve Evans' budget.
Marley said: "Unless we find a new broadcaster or monies from an alternative source then Steve Evans will have no option other than to accept that the budgeted Setanta monies will have to be taken from the team budget.
"I do not believe that we will be the only board of directors who has to make such a decision.
"Whilst I accept it makes Steve Evans' job more difficult he will understand it is not a decision we will take lightly but we must continue to operate with affordability and day by day in these difficult economic times that becomes more difficult."
Evans has already made five new signings over the summer and has two more in the pipeline which look like they will not now take place.
These are a second quality goalkeeper to come in on a six-month loan from a Championship club to give competition for the No.1 shirt for regular custodian Simon Rayner.
And an additional striker who Evans has lined-up ready to sign if the funds to do so are forthcoming.
Full story in this week's Crawley Times
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Saturday 26 May 2012
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