National League club's future in doubt after chairman issues stark warning over finances

The National League club’s 14 contracted players have all been made available for a free transfer.

In a statement released on Monday Mr Parmenter said the board have been “assessing the club’s financial position and immediate future” as a result of Covid-19, with income expected to be “greatly reduced” with stadium capacities likely to be restricted due to social distancing requirements.

Mr Parmenter said a meeting was held with players and staff last week and they were all asked to accept a 20 per cent “short-term reduction” in their wages to help Dover “stay solvent” and “keep the club alive.”

“The management have accepted the proposal, however, unfortunately the players have not agreed,” Mr Parmenter said.

“Therefore it is with great regret that I must announce that all of the squad are now available for free transfer as an initial immediate step.

“I must further inform supporters that if a solution or further investment cannot be found by the end of August it is likely that the directors will consider the club insolvent and as a consequence will be forced to cease trading.”

“The directors are doing everything they can to keep the club afloat, but have reached an impasse and require the support of our playing squad.”