National League side Rochdale AFC are on the cusp of liquidation unless they can find a new buyer by the end of March.
The historic club who were founded in 1907, are launching a desperate plea to find new investors for the football club before they fall into liquidation.
Non-league side and close neighbours Bury FC suffered a similar fate to what Rochdale are currently going through as the Greater Manchester club had to form a new phoenix club called Bury AFC.
Luckily, for Bury FC they were able to merge with the newly-formed phoenix club, keeping their name and proud history but unfortunately they had to start at the bottom of the English football pyramid.
Rochdale are hoping the same does not happen to them, the club that has spent many years in the English Football League now find themselves at the brink of extinction.
Rochdale chairman, Simon Gauge, has stated that Rochdale need a cash injection of £2m to survive.
The club has lost over £1m over the past year, mainly due to the fact they got relegated from the Football League down to the National League.
The Rochdale chairman is set to hold an emergency meeting of club shareholders at the Spotland Stadium.
Gauge said he was “looking for an investor to inject £2m to gain 90% of the club”.
It’s a sad state of affairs at Rochdale right now but hopefully they can find a new investor who can help bring the club back into the EFL.
