TomandJerry
Well-known member
- Oct 1, 2013
- 12,323
"Woking's owner has said the National League club will go into administration if a buyer cannot be found in the next few weeks - and he is willing to sell for £1.
A £600,000 loan from owner Drew Volpe's parents has given the Cards a lifeline to begin the new season next month.
Speaking to BBC Radio Surrey, Volpe revealed he had invested "over £3.425m" in the club since taking over in 2021.
Volpe says it is a "systematic failure from all angles" that has led to the club's perilous financial position and that entering administration would represent a "catastrophic failure" to himself and Katz."
A £600,000 loan from owner Drew Volpe's parents has given the Cards a lifeline to begin the new season next month.
Speaking to BBC Radio Surrey, Volpe revealed he had invested "over £3.425m" in the club since taking over in 2021.
Volpe says it is a "systematic failure from all angles" that has led to the club's perilous financial position and that entering administration would represent a "catastrophic failure" to himself and Katz."