Bostik League Premier Division side Tonbridge Angels have announced that they have reluctantly opted to cut their playing budget.
Steve McKimm’s team are 11th in the table at present but will have to contend with reduced resources. Three players, Ryan Worrall, Tom Jelley and Dan Thompson, have all been released.
A statement on the club’s website cited ‘a disappointing six months of trading,’ with ‘income from sponsorship, advertising and events, together with a downturn in bar revenue linked to mixed results on the pitch’ leading to the cuts. Interim chairman Steve Churcher told the official site: “We would be failing in our duties and responsibilities if we as a board failed to take the necessary action in preventing the club falling into a serious financial situation.
“Most of our costs are fixed and the player budget remains a significant area where there is some degree of flexibility.”