Skip to main content

Iron in their soul

Scunthorpe were in a parlous state back in the autumn, unable to pay staff wages and facing eviction from their home stadium, Glanford Park. Debts had climbed to more than £1.5million ($1.9m), with crippling losses running close to £100,000 a month in National League North, the sixth tier of English football. They stood on the cliff edge… and they tottered.

A club dying in plain sight begged for a saviour and, against her better judgment, that turned out to be Michelle Harness.  In October, the 62-year-old lifelong Scunthorpe fan agreed a £100,000 deal to end the tumultuous reign of David Hilton, and six weeks later, she had secured further funding of £3million to buy Glanford Park from another of the club’s former owners, Peter Swann.

Harness squirms at the suggestion she has been responsible for saving Scunthorpe. She points to the hefty donations of backers, volunteers and well-wishers, as well as the increased revenues driven by a long-suffering fanbase stirring to action. That it is uncomfortable for the club to imagine life without her intervention, though, illustrates her importance. 

They had hoped the final chapter of 2023-24 would be a rousing promotion back to the National League, but that was not to be. Scunthorpe lost, on penalties after a goalless draw, to Boston United in the play-off semi-finals on Saturday. It was a full stop nobody wanted.

Instead, simply being in operation, attracting close to a sell-out crowd, illustrated they were a club who refused to go under.

Supporters have rallied around Harness, with an average attendance of 4,012 bettering the crowds seen at Glanford Park during the club’s last season in the English Football League (EFL, the second, third and fourth tiers of English football) in 2021-22 — when the average dipped below 3,000. The National League North is not their natural home.

Ridding the club of the toxic former owner Hilton only marked the start of the battle. Every day would bring winding-up orders and county court judgements (CCJs) seeking money the club did not have.

Bailiffs arrived regularly, one taking the leased hand driers from the toilets and another removing the club’s telephone system. Kit supplier Kelme had stopped sending fresh supplies to the club shop after previous orders had not been paid for. Outstanding utility bills ran to six figures. Taxes owed to the Inland Revenue stood at £220,000.

The efforts of Harness and her fellow directors offered no guarantees Scunthorpe would come out on the other side of all that as an operational football club.

“The first three or four months weren’t very good,” she said. “I had advice from an administrator in the first two weeks, because I thought I’d done everything I could. I didn’t have a cash flow and I was going home every day asking how I’d pay this or that.

Harness could not have done it alone. She credits the ongoing support of directors Roj Rahman and George Aitkenhead, who helped find the initial funding requirements, as well as Ian Sharp, Tahina Akther and Simon Elliott, three more of her crutches on a long road.

Harness points to two donations of £100,000 that helped clear debts and another of £20,000 from Julie Taylor, a lifelong fan and volunteer member of staff. Taylor says the money was part of her inheritance from her late father, another dedicated Scunthorpe supporter.

Scunthorpe’s comeback has illustrated the enduring power of English football’s pyramid. A working-class town in the north of England has rallied around its club, with local money plugging some big holes.

“One of the first people who helped us was Jason Threadgold, a funeral director in the town,” says Sparks, who sold off naming rights for the club’s training pitches. “We’re dying on our a**e and it’s a funeral company that helped save us.”

The visit of Brackley Town on October 7, three days after Harness’ takeover, threatened to be the club’s final game at Glanford Park.  A short-term extension bought Harness time to negotiate with Swann and, on December 1, a £3million deal was struck that ensured Scunthorpe would not be moved. A community interest company (CIC) set up by the club received £2.5m of UK government funding and will avert the threat of Scunthorpe’s home ever being sold again.

“Now that’s into a CIC, which means nobody can come and take the stadium away again,” says Harness. “That’s what we wanted.”

It is now called the Attis Arena, after naming rights were sold to a local insurance firm in January. New cladding has been fitted to its frontage by another Lincolnshire firm and solar panels will be added to the roof over the summer. There is also the potential for social housing to be built on nearby land.

A big summer now begins. The majority of Dean’s squad, expensively assembled by Hilton, are about to reach the end of contracts and budgets will need to be trimmed.

“Every extra penny that comes in, I’m clearing the debt,” says Harness. “What I want to do is be clear of debt before next season starts.

“I’m not saying I can afford to run this football club but I am saying the town can. I went out begging for support to save this club for this town. That’s what it’s been about — and we’re nearly there.”

 

 

Comments

Popular posts from this blog

Threat of financial calamity removed from Baggies

West Bromwich Albion had effectively been in decline ever since the club was sold to a Chinese consortium in August 2016, paying a figure north of £200m to buy former owner Jeremy Peace’s stake. Controlling shareholder Guochuan Lai’s ownership was fairly disastrous for the club, but his unloved tenure finally came to an end after Bilkul Football WBA, a company ultimately owned by Florida-based entrepreneur Shilen Patel and his father Dr Kiran Patel, acquired an 87.8% shareholding in West Bromwich Albion Group Limited, the parent company of West Bromwich Albion Football Club. This change in ownership was urgently required, due to the numerous financial problems facing West Brom, including growing high-interest debt and serious cash flow concerns, following years of no investment from the former owner. Indeed, West Brom’s auditors had already rung the alarm bell in the 2021/22 accounts when they cast doubt on the club’s ability to continue as a going concern without making player s...

Spurs to sell minority stake

Tottenham Hotspur is in talks to sell a minority stake in a deal that could value it at up to £3.75 billion and pave the way for Joe Lewis and his family to sever ties with the Premier League football club. Tottenham chairman Daniel Levy is seeking an investment that values the club at between £3.5 billion and £3.75 billion, including debt. While the terms of any deal have not been finalised, City sources expect Spurs to sell about 10 per cent. The club is being advised by bankers from Rothschild on the sale. Tottenham wants to raise fresh capital for new player signings and to help fund the development of an academy for its women’s team, as well as a 30-storey hotel next to its north London stadium. The financier Amanda Staveley, who brokered the deal for Saudi Arabia’s Public Investment Fund to take over Newcastle United, is understood to be among the parties to have expressed an interest in Tottenham. Staveley’s fund, PCP Capital Partners, has raised about £500 million to ...

Millwall punch above their weight

Millwall’s season was overshadowed by the tragic death of owner John Berylson following a car accident. The American had been an exemplary owner, beloved by the fans for his leadership, passion and generosity. Millwall’s finances had been pretty good during his tenure, which we shall explore by looking at the most recent accounts from the 2022/23 season, when the club narrowly missed out on a place in the play-offs after finishing 8th. Millwall’s pre-tax loss slightly reduced from £12.6m to £12.2m, as revenue rose £0.8m (4%) from £18.6m to a club record £19.4m and player sales improved from a £0.1m loss to £2.5m profit. However, other operating income dropped from by £1.1m from £1.3m to £0.2m, while operating expenses increased £1.7m (5%) from £31.6m to £33.3m. The main driver of the revenue increase was broadcasting, which rose £1.1m (12%) from £9.1m to £10.2m, though match day was also up £0.4m (7%) from £5.8m to £6.2m. In contrast, commercial fell £0.7m (19%) from £3.7m to £3....