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Sport

Welling United post loss of £25,120 for the 2020/21 season

By: KentOnline reporter multimediadesk@thekmgroup.co.uk

Published: 09:10, 04 March 2022

Updated: 09:11, 04 March 2022

Welling United lost just over £25,000 during the 2020/21 season, their latest accounts reveal.

The Wings' profit and loss account deficit increased to just over £325,000, following the previous year's hefty £122,196 loss.

Dipo Akinyemi scores for Welling against Ebbsfleet during the curtailed 2020/21 season at Park View Road. Picture: Keith Gillard

There was no increase to the directors loan account which remained at just over £110,000 but the Wings did take out a bank loan for £50,000.

The 2020/21 National League South season was curtailed due to Covid-19 in February last year with the Wings spending most of the campaign near the foot of the table.

The campaign saw the majority of games at step 2 without fans allowed in to watch matches due to Covid regulations.

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Bradley Quinton started the campaign as manager but he was replaced by former Gillingham boss Steve Lovell.

This season Lovell was replaced early on by another ex-Gills manager in Peter Taylor. Welling are currently second-bottom in National League South, just six points above Billericay - who occupy the sole relegation place -with 12 games left to play. The sides meet this Saturday at New Lodge.

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