Southend United's current crisis could land them a place on football's financial graveyard

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Southend United's current crisis could land them a place on football's financial graveyard
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National League club Southend United are in serious financial difficulty, with severe cashflow issues and yet another winding up petition to have to defend. twoht

The irony is that their next opponents have seen all of this before. Southend United take on York City in the National League on Saturday. Exactly 20 years ago, York were in a period of administration which ended when the club’s supporters’ trust took ownership. And for those Minstermen old enough to remember this traumatic period in their history, a few painful memories may well be stirred by their trip to the Essex coast.

And when bad news of this nature starts to build, it can snowball very quickly. This was confirmed by CEO Tom Lawrence saying that the club has fallen behind on a payment plan to St John’s Ambulance. Lawrence stated that “we have fallen behind on a payment plan, but we are communicating with them on this and hope to be able to get things back on track,” and that “St John’s will be providing cover for the next match”.

Southend United are certainly no strangers to the High Court. They’ve been there repeatedly in recent years after having been served with winding up petitions, but none of them have – yet – been solidified into a winding up order. Martin is a property developer who has been involved at Roots Hall since the late 1990s, and his aim since the outset has long been to build a new stadium.

o details of the full amount owed emerged at the last hearing but barrister Oberon Kwok, who represented HMRC, described the amount as “large” That this should have happened this early is a reflection on the timespans concerned should the worst happen and the club fold. It’s too late for next season already. Applications for a place in the National League System have to be in by the end of December of the previous season – there’s a *lot* of reorganisation to do – and were the worst to come to the worst then the clock would be ticking to start a new club for the start of the 2024/25 season.

Of course, in stressful times such as these tempers are likely to fray quickly, and there is usually a wide range of views among supporters on the subject of a ‘new’ club at a point such as this. Some may be happy to just break away now, find a ground to share somewhere, and put the version of Southend United owned by Martin behind them.

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