Harriers finances in good shape says chairman Rae

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First published in Sport

CHAIRMAN Ken Rae has revealed that Kidderminster Harriers are on a sound financial footing.

A turbulent season for the Aggborough club comes to an end at Halifax today (5.30pm) with their Skrill Premier play-off hopes already over.

But, according to Rae, Harriers head into the summer in good shape despite having had to pay off former managers Steve Burr and Andy Thorn, coach Craig Knight as well as players Jamie Tolley, Lee Fowler and James Dance.

They have been boosted by a run to the FA Cup fourth round against Premier League Sunderland, which generated an estimated £200,000.

Striker Joe Lolley's sale to Championship outfit Huddersfield Town also brought in a reported fee of £250,000 but that is being paid in instalments over 12 months.

Rae, who this week confirmed Gary Whild had been given a 12-month rolling contract as manager, said: “The club has a sound financial footing. Like any club in non-league, we're not awash with cash but we're okay.

"The board had to make decisions earlier in the season which were for the good of Harriers.

"Gary's been given a competitive budget and he's already speaking to the players he wishes to keep.

“The club is in a positive position both on and off the field after a challenging couple of months and a lot of work from top to bottom has already gone in to planning for the future."

Rae will also remain as chairman after initially taking over as an interim replacement for Mark Serrell in February.

The Harriers chief added: “I have been lucky that we have a board of directors where everybody rolls up their sleeves and get involved.

“I would like to thank for the fans because they have been very supportive since I took the role.

“The supporters have been great and you can see that in the attendances over the last few weeks."

Meanwhile, right-back Lee Vaughan has been named Harriers' player-of-the-season.

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