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Next game: Chester At Edgar Street On Saturday April 5th at 3.00pm

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Monday, March 24, 2025

Scunthorpe Reject Investment From FC100,000 Project

Over the two days days there has been speculation that Scunthorpe FC could have a new investor. But earlier this afternoon it was revealed that this particular approach has been turned down by the club board.

This from the Scunthorpe Chair:

On behalf of Scunthorpe United Football Club and my fellow board members, I would like to address some of the rumours, assumptions and mistruths that have circulated on social media over the past two days regarding our potential collaboration with the FC100,000 project.

While I understand that this speculation has caused some concern amongst our fans, I want to reassure you all above anything that as custodians of our beloved club, after everything we have been through together, there is no way that this group of owners will ever put the future of Scunthorpe United Football Club at risk.

We know that your trust is earned, and I believe that over the last eighteen months we have earned it. Myself, Roj, Ian and George remain 100 per cent committed and united in our quest to create a sustainable future for this football club.

As part of that commitment, we have made no secret that we are open to investment from a potential fifth owner and see it as our responsibility to explore all possible options. When we were approached by the founders of FC100,000 we were unanimously impressed with many elements of their proposal and were open to the idea. 

To create a membership scheme that creates significant ongoing monthly revenue, while giving fans direct access to the club and a voice on certain decisions, could have been a game changer for the club.

However, at no point would any potential agreement have relinquished significant control of the club to a third party, and the board were very clear that there could be no risk to the future financial stability of the club. 

Since FC100,000 made their own announcement yesterday it has been widely reported that Scunthorpe United was the club potentially involved, and our fans have understandably voiced their concerns. We have listened to those concerns, we share a number of them, and we have unanimously decided to end our interest in this project.

On a personal note, I feel genuinely disappointed by the suggestion that this group of owners, who continue to work so hard and give so much to the club, would do anything to jeopardise its future. For us, for our families, and for our staff members toreceive personal abuse – including death threats - is absolutely deplorable. 

We do know that this abuse comes from a minority, and we are looking forward to having our fans back together for another huge game at the Attis Arena this weekend, on the back of such a special, record-breaking occasion against Chester on Saturday. 

Together, we need to continue to focus on supporting Andy and his team, who have got us into a wonderful position to hopefully gain promotion back to the National League.

Michelle Harness
Chair