FALKIRK FINANCES ‘CHALLENGING’
The board at Falkirk have admitted that the club is struggling financially and that the club’s long-term future hangs on promotion out of League One as soon as possible.
Bairns’ chiefs are also targeting a return to the Premiership in the next five years – just in time for the club’s 150th anniversary.
A statement from the club’s board said: “The financial position of the club remains challenging. The bottom line is that no club could sustain full-time football in the long-term while playing in League One, such is the huge disparity in financial distribution between the four SPFL leagues.
“Other factors have also had an impact over the last two seasons, particularly the restrictions placed on match attendances due to COVID, and the relatively low number of away fans even when our gates have been fully open. Promotion this season, or at the very least next season, is essential to our long-term sustainability as a full-time professional football club.
“We will only be able to rebuild our club, and achieve our vision of playing Premiership football in or before our 150th anniversary season 2026/27, if every single stakeholder puts their shoulder to the wheel and helps to make it happen.”