Holding Midfield Articles (BOT)
- Apr 6, 2011
- Reaction score
When Spencer Day leads out his Farnborough side in the Blue Square Southern Conference against Barrow on Saturday he will join a small and exclusive club. Following a deal this week that saw a consortium led by Day haul the club out of administration the Boro manager will become one of a rare breed to have had a controlling influence in both the boardroom and the dressing room. It’s an arrangement seldom tested, yet one without which the club would likely have been banished from the non-League pyramid this summer on account of failing to satisfy the league authorities criteria for long-term solvency. However, given recent track records that have seen both Day and the club fall foul of existing financial regulations laid down at Conference HQ and in the courts, all bets on whether a smooth road lies ahead for Farnborough are hedged. The club, for whom Day has been the primary spokesperson on all financial matters, were placed into administration back in April in a bid to encourage a buyer after it was felt that debts nearing £2million could act as a deterrent to potential investors. The word at the time was that the club could have continued […]
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