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AFC Wimbledon stadium hit by cash crisis

AFC Wimbledon need to raise £11 million by the start of the New Year to complete work on their new stadium.

The Dons Trust – the fans’ governing body – said the money was needed because of unforeseen planning delays and increased building costs.

This would allow them to complete the stadium as they want it to be, with income-generating conference and banqueting facilities, an additional 5,000 covered seats through semi-permanent stands and a showpiece fans’ zone.

The Trust said they could try to borrow the money but very high repayments would leave AFC Wimbledon with a playing budget barely capable of surviving in League Two.

Another option would be to build the bits of the stadium they could afford, such as the main West Stand, and abandon the other three stands for now.

The Trust said in a statement:

Even if we did this, 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.

A third option is to accept offers of investment from some private investors.

Two further finance options to continue the project will be debated at a special fans meeting on 9 December.

@PanStadiaArena