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Friday, February 02, 2018

More National League Sides Hit Financial Difficulties

The number of National League sides suffering financial struggles continues to grow, with Macclesfield and Dagenham and Redbridge the latest to join the list. They join Chester and Hartlepool.

Macclesfield's players told Sky Sports News that they are yet to receive their January wages and have received no communication from the board.

The Silkmen are a point clear at the top of the table, but a statement from the playing squad read: "As a team, we would like to make people aware that we have not been paid our January wages.

"Whilst this is alarming, what disappoints us most is that we were not notified by the owner or the chairman of the situation and have not been contacted since. All despite numerous attempts for clarity from the players and management.

"It has been well publicised that we have one of, if not the smallest budgets in the division and yet despite this, we are top of the National League. Throughout this season the team, management and staff have always and will always be 100 per cent committed to the hard work and endeavour of promotion to the Football League."

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."