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Donald's Eastleigh FC investment reaches £10 million

Quotes from Eastleigh chairman Stewart Donald who has invested £10 million in to the club:

“£10 million is £9.5 million more than I expected to spend after five years, but I would do it all over again," said Donald.

“If I had to put another £10 million in, I’d do it without hesitation to get us where we want to go.

“I love it and I’ve got to see it through now. If not, it will have all been wasted.

“People say it’s unsustainable, but £10 million has gone into the club with zero debt. It’s either been gifted or transferred into shares.

“All the debts the club had and the bank overdraft have gone.

“We’re now sat here with record revenues, potentially season-ticket sales of 1,500 for next season, a fan base in the top-ten of non-league – and all without a pound of debt. We’re probably financially safer than any football club at this level.

“We’ve built a proper football club too. Sometimes when a club grows, it can lose the feeling of togetherness and community, but I think we’ve made it stronger.

“Yes, we’ve struggled this season (on the pitch), but the whole club has grown with disability, ladies’ teams etc. and we’re grabbing more of the community.

“We’ll have a bank of around 40 staff just for Sherwoods and Brooks so, from a community perspective, we’re providing a lot of jobs.

“The original budget for the new building was £1.3 million but we went over for two reasons.

"To get planning permission we had quite stringent standards to build to which led to additional cost.

“Also, we went for a higher-end finish which will be beneficial in the long run with more visitors and more opportunities to hire it out.

“The upstairs was sold out on Saturday and looks like it may be for the entire new season.

“It doesn’t look like we’ve built it big enough!”

PHOTOS: 'I've spent £10m .... and I would do it all again!' - Take a look inside Eastleigh's new club house

THE completion of Eastleigh 's new state-of-the-art clubhouse complex has taken chairman Stewart Donald's investment in the club to a staggering £10 million. And the Oxfordshire-based businessman says he would willingly spend that sum all over again to get the Spitfires established in the Football League.

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Howe's that! Eastleigh win 2-1 at Hartlepool https://t.co/tkn0FwyEmh#eastleighfcpic.twitter.com/SXZRVeZRjM — Daily Echo Sport (@dailyechosport) September 23, 2017
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A brilliant effort from the lads today. Well done @calhowe on your goal & an all round top performance! Safe trip home to our supporters 👍🏻 — Graham Stack (@GrahamStack1) September 23, 2017
Genuinely buzzing for the @EastleighFC lads today. Great win when we had such a depleted squad. Thank you to those who travelled. — Paul Reid (@paulreid06) September 23, 2017
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Thank you EDOF

A BIG THANK YOU
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Dave has been an integral part of the Spitfires since becoming Director of Football in May 2006, but due to personal reasons he cannot continue his valued commitment to the club.

Posting on the EFC fans forum Dave says “I would like to thank everybody associated with Eastleigh Football Club for allowing me the privilege of sharing so many positive experiences over the past 6 years - and I truly wish the Club every future success”.

Dave who was previously a Director at Winchester City, Salisbury City & Bashley FC has been actively involved in every aspect of the Club and instrumental in Eastleigh’s on the pitch progress. Off field he was an influence in attracting Bridle Insurance to the Club. Simply put, without Dave’s hard work and efforts Eastleigh would not be at our present level within the higher echelons of Non League F…

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