Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13071)           
UK only International

AFC Wimbledon needs further £11m to finish work on new stadium

By Tom Walker    03 Dec 2019
The stadium is already taking shape, but the club needds addition funds to finish it / AFC Wimbledon

AFC Wimbledon has revealed that it needs to raise a further £11m by January 2020 in order to complete building work on its new stadium at Plough Lane in south London.

Citing "unforeseen planning delays and increased building costs", the EFL League One club said it is now in a race against time in order to come up with a financial plan in order for works to continue.

In a statement, the club said: "The stadium is already taking shape and, while we are totally committed to completing the project, we are also about to reach a point of no return.

"Our constructors need a financial commitment from us by January to enable them to complete the final phases and instruct their own sub-contractors.

"As it stands at the moment, we are unable to make that commitment.

"Because of unforeseen planning delays and increased building costs, we will need to raise a further £11m to complete the stadium as we all want it to be, with income-generating conference and banqueting facilities, an additional 5000 covered seats through semi-permanent stands and a showpiece fans’ zone."

The club added that it now has three options to solve the issue.

These are to either borrow the money, to only build "what it can afford" (one stand without hospitality areas) or to find an external, private investor.

"Borrowing the money would almost certainly mean very high repayments, which will leave us with a playing budget barely capable of surviving in League Two," the club said in the statement.

"If we build what we can afford, the main stand would be a basic shell, without any of the new revenue streams such as conference and banqueting, club shop or hospitality facilities that we badly need to bolster our playing budget. We could add these facilities in the future – if we can get the money and if the level of football we are competing in at the time will sustain them.

"Or do we accept offers of investment from some private investors, who we got to know during our crowdfunding campaign? This would give us the majority of the money we need to build the stadium we all want – and leave us with a realistic playing budget to compete in League One on top."

AFC Wimbledon is currently wholly-owned by its fanbase and is operated through the Dons Trust – the fans’ governing body – so any involvement of an external investor would see the owernship structure change radically.

The three options will be debated at special meeting of the Dons Trust board on 9 December.

Sign up for FREE ezines & magazines
Related news
Sports jobs
Everyone Active
featured job

Swimming Teachers

Everyone Active
Salary: Competitive hourly rate
Job location: Nationwide

Duty Manager

GLL
Salary: Up To £20,844 PA (based on 39 hours per week)
Location: East Road, Sleaford NG34 7EH, UK

Duty Manager

GLL
Salary: Up to £22,930 PA based on 39 hours per week
Location: Prestwood, Great Missenden HP16 9QY, UK

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £22,008 per annum (40 hours a week pro rata)
Location: Vauxhall, South West London

Assistant Manager

GLL
Salary: Up to £31,251 per annum (based on 39 hrs per week)
Location: Faringdon, Oxfordshire, UK

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £22,008 per annum (40 hours a week pro rata)
Location: Barnet, North London

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £10.55 per hour
Location: New Addington, Croydon, UK

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £22,008 per annum
Location: New Addington, Croydon, UK

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £22,008 per annum
Location: Redhill, Surrey, UK

Receptionist

Legacy Leisure
Salary: Competitive
Location: Brackley, UK
recruiting with sports management

Swimming Teacher

GLL
Salary: Up to £16.89 per hour (including annual leave)
Location: Crystal Palace, London, UK

General Manager

Lex Leisure
Salary: Up to £40K plus generous bonus arrangements.
Location: Tilgate, Crawley, UK

Receptionist

Parkwood Leisure
Salary: Competitive
Location: Merthyr Tydfil, UK

Duty Manager

GLL
Salary: Up to £25,655 per annum
Location: Ruislip, UK

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £22,008 per annum
Location: Greenwich, London, UK

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £22,008 per annum
Location: Kentish Town, London, UK

Duty Manager

GLL
Salary: Up to £25,655 per annum
Location: Kentish Town, London, UK
recruiting with sports management

Assistant General Manager

The Gym Group
Salary: Competitive salary plus benefits
Location: Catford, London, UK

Leisure Centre Supervisor

GLL
Salary: Up to £22,930 per annum
Location: Belfast, UK

Receptionist

Legacy Leisure
Salary: Competitive
Location: Exeter, UK

Contract Maintenance Manager

Everyone Active
Salary: circa £33k
Location: Harrow, UK

Corporate Sales Manager (New Business)

GLL
Salary: Up to £35,952 per annum
Location: Brixton, London, UK

Team Leaders

Everyone Active
Salary: Competitive Rate of Pay
Location: Stratford-upon-Avon, UK

Maintenance Manager

Parkwood Leisure
Salary: Up to £31,000 per annum
Location: Whitechapel, London, UK
training with sports management

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £10.55 per hour
Location: Archway, London, UK

Front-end Developer

The Gym Group
Salary: Competitive Salary
Location: Croydon, UK

Gymnastics Coaching Assistant

Wiltshire Council
Salary: £10.54 - £11.19 per hour
Location: Salisbury, UK

Sales Advisor

Lex Leisure
Salary: Competitive
Location: Sidcup, UK

Catering Manager

GLL
Salary: Up to £31,251 per annum (based on 39hrs per week)
Location: Manchester, UK

Community Sports Officer

GLL
Salary: Up to £20,844 p.a (pro rata to 30 hrs per week)
Location: Rugby, Warwickshire, UK

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £18,305 per annum
Location: Buckinghamshire, Gerrards Cross, UK
lifeguard jobs  swimming teacher jobs  recreation assistant jobs  apprenticeships jobs  personal trainer jobs  Gymnastics Coach jobs  duty manager jobs  assistant manager jobs  general manager jobs  assistant general manager jobs  Catering Assistant jobs  Customer Services Advisor jobs 
More jobs

Catalogue Gallery

BSW: BSW is a manufacturer of sports floorings, sports mats, gym flooring, elastomer products for impact sound insulation and vibration isolation, anti-slip mats for securing loads as well as protective and separating layers.
BSW
JP Lennard: Leading supplier to Commercial Swimming Pools, Leisure Centres, Health & Fitness Clubs, Hotels, Holiday Parks, Schools and Universities, supplying thousands of products directly into these sectors.
JPL
More catalogues

Video Gallery

Wattbike
The choice of the elite. Wattbike introduced the first true indoor bike in 2008, changing indoor cycling forever. Developed in association with world class coaches and athletes, and now chosen by the world’s premier health clubs, cycling studios, and personal trainers as well as universities, the military, and countless athletes and coaches across the world, Wattbike has truly revolutionised indoor cycling. Want to join our revolution? Power up your business with Wattbike.
Visit website
More videos

Company profile

Company profile: Precor
For more than 35 years, Precor has driven fitness forward. We continue that heritage every day, by advancing what’s possible in design innovation, member experience and service.
View full profile >
More company profiles

Featured Supplier

Myzone is adding the
Each year ACSM’s Health and Fitness journal releases the top fitness trends for the following year, and there was no surprise wearables came out on top.
View full details >
More featured suppliers

Diary dates

10-12 Dec 2019
tbc, Fort Lauderdale, United States
21-23 Jan 2020
Harrogate Convention Centre, Harrogate, United Kingdom
29-30 Jan 2020
Holiday Inn San Francisco-Golden Gateway, San Francisco, United States
23-25 Mar 2020
Hilton, Barcelona, Spain
More diary dates