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Tuesday, March 10, 2009

Crisis Club Watch

Merthyr will play tonight's league match with Clevedon using generators to power the lights with the electic cut off at Penydarren Park. Their debts are around £315,000, with a £2,000 a week wage bill and owner Wyn Holloway telling the BBC: "According to our 2005/2006 accounts the club was taking about £9,000 a week, we're now lucky if we take £600 a week."

Port Vale are to make five people redundant as the first measure in a cost cutting excercise. The five are all involved in off-pitch activities with the club. They are set to lose up to £300,000 in interest payments gained from the £39million deposited in special club branded accounts with the Britannia Building Society due to falling interest rates.

Weymouth's press conference has been postponed after investor Stephen Beer reportedly suffered a stroke.