CASH-STRAPPED Nuneaton Borough football club has announced it will be withdrawing from this season’s Southern Central Premier League as they face ‘insurmountable challenges.’
Boro has been mired in financial difficulties recently, and in October fears spread the club might be unable to continue playing.
It has been facing ‘ongoing issues’ regarding its ability to use Liberty Way as its home ground.
The club said in a statement its legal advisors have confirmed that the offer put forward to purchase Liberty Way would not be considered, and no new lease will be given to any entity.
The club added: “Unfortunately, armed with this information our future investors have had to withdraw any future support.
“Furthermore, without additional investment or new investors to provide financial support, the club is unable to continue trading.
“In light of these circumstances, we are now considering the liquidation process.
“This decision comes with a heavy heart, and we deeply appreciate the unwavering support from our loyal fans and the football community during this challenging time.”
The club said it had been behind in rent payments since 2019 due to the impacts of the Covid-19 pandemic.
