National League orders Southend United to provide £1m bond or face 'further sanctions' - News Summed Up

National League orders Southend United to provide £1m bond or face 'further sanctions'


Maidenhead United in action against Southend United at Roots Hall last season--The National League has ordered Southend United to provide a £1m bond to cover the current campaign because of ongoing concerns around their financial situation. A statement from the league yesterday (Monday) said they were concerned about the club's ability to fulfil its financial obligations for the 2024-25 campaign. The league added that should Southend fail to pay the bond; they would consider 'further sanctions' against the club. Southend United are one of Maidenhead United’s National League rivals. The statement said: “The National League continues to be concerned about Southend United Football Club’s ability to fulfil its financial obligations for the forthcoming National League Season.


Source: Express June 25, 2024 10:21 UTC



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