Kidderminster Harriers are losing £5K per week according to an article in the Express and Star.
Chairman, Barry Norgrove, said that the debts inherited from the previous board are worse than imagined. The club was hoping for an investment from multi-millionaire Bermudan businessman Gordon Howard, but that is yet to happen.
He also admitted that last Saturday's FA Cup defeat at Southport meant that Kidderminster missed out on £10,000 in prize money which they could have done with.
"Last season our average gate was 2,875. This season we budgeted for an average of 1,900 but we're running at around 1,600 which is a massive difference.
"It means we're losing £5,000 a week on the gate at the moment.
"It's been difficult to get the commercial side going after losing our Football League status."
However there will be some welcome news for supporters of the cash strapped club this morning as Johnny Mullins is expected to return to the club.
Mullins, a fans favourite, has been at Reading but recently has not featured for their first team. He is joining on a four week loan and is expected to feature in the squad to play against Hereford United on Saturday.
Text at top (next game etc)
Next Game: Darlington Away In The League On Saturday 23rd November At 3.00pm