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Falkirk chairman describes league as 'financially impossible'

Falkirk Football Club chairman Martin Ritchie has asked fans to back the side after claiming the second tier of Scottish football is an ‘impossible league financially’.

Falkirk’s most recent accounts showed a £1m loss along with the club’s budget being reduced by 75% in the last three years with Richie lamenting the club’s fall into the Irn Bru Scottish League First Division.

"The second tier is an impossible league financially and clubs' results reflect this," Richie told The Daily Record.

"Dunfermline, Queen of the South and Inverness all lost more than £1m last season.

"This club will have taken a 75 per cent cut in three years with our income reduced from £5.5m to £2.2m. We are experiencing severe cash problems and going through an exceptionally difficult period.

"If our season ticket holders don't buy the season tickets the club will run out of cash."

 

Scott Hobro

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