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Isthmian League club announce they have gone into voluntary liquidation

It has been announced last night that Isthmian League side Thamesmead Town have gone into voluntary liquidation.

The chairman had been trying to find a buyer for the club, however he has been unable to have any success at finding one and because of the costs of running them along with no fans coming through the doors, he was left with no choice but to fold the club.

The team had been playing their home games at Dartford’s Princes Park since they moved from Bayliss Avenue in 2017. The move was described by the chairman to give the club a “new lease of life”.

Chairman Paul Bowden said, “We have continued to have a lack of supporters coming through the gate to watch the team this season. For the last two games, after paying for the officials, we have netted a total of £11 for the club. Even though I finance the club management, the squad of players, the ground and all other required expenses, with my failing health, I have had to make a very difficult decision.

Although I accept that the writing has been on the wall for some time now, I still wanted to ensure that I covered every eventuality that would allow our Club to continue to trade. However, this was not successful, and I feel that the time has come for me to hang up my boots at Thamesmead Town and call it a day.

There has been no genuine interest in someone taking over the club, even though I have offered to write off all my shareholdings (all my investment since 2012) for the sum of £1. As I have been only person financing the Club since 2015, I feel after discussing the matter with my advisors including the league it would seem that there is no other option but to appoint a liquidator to close down the Club with immediate effect.”

The club were founded in 1969, just short of 50 years ago. It wasn’t until 1987 the club finally gained senior status and were accepted into the London Spartan League Premier Division, ready for the 1987–88 season.

Thamesmead joined the Kent League in 1990 and remained there until 2008.

In the 2007/08 season, The Mead were champions of the Kent League, winning the title on the last day of the season which ensured promotion to the Isthmian League, where they were elected to play in Division One North in the 2008/09 season.

In 2012-13, Thamesmead finished 3rd in the same league, beat Witham Town 3-2 in the playoff semi final and Maldon & Tiptree on penalties in the final to gain promotion to the Isthmian League Premier Division for the first time in their history. The following season, however, Thamesmead were relegated back to Division One North.

 

Fans and clubs of the non league community tweeted to Thamesmead Town with their messages of sadness – check out the huge reaction on the next page.

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