It's been a drastic few years for Bohemians. The 11-time league winners went into turmoil in 2010 after they found themselves in debt to the tune of around €4m. That debt was later reduced to "a manageable level" thanks to the sale of Dalymount Park to Dublin City Council for €3.8m.
But this year, like many League of Ireland teams, the club's worries were ramped up again when the League decided to cut the 12-team Premier Division down to 10 from next season meaning three teams are going to be relegated.
With a lot of top flight clubs feeling nervous, Bohs have decided to reach out to their fans to help them bolster their squad in order to maximise their chances of staying up.
Today the club launched a player fund which was accompanied by a statement explaining the move which read:
As a club, we have overcome great hurdles over the past decade. As we all know, the effect of the property crash and economic downturn came close to putting us out of business.
After a number of tough seasons where members and supporters dug deep on numerous occasions to keep the show on the road, we collectively saved our club, reduced our multi-million euro debt to a manageable amount and have secured Dalymount Park as our home for future generations.
Thanks to the endeavours of our members and a small but dedicated body of volunteers, we have every reason to be optimistic about our long-term future.
However, the decision to reduce the Premier Division from 12 teams to 10 next season presents everyone in the division with a fresh challenge.
Despite the constraints of prudence, Keith Long and his team have continued to punch above their weight over the past two-and-a-half seasons.
To give Keith the best possible chance at continuing that, we, as a group of members and supporters, are establishing a fans’ fund to supplement the playing budget.
With the transfer window opening on July 1, we ask those who feel they are in a position to donate to give what they can and as soon as possible to maximise the fund’s potential.
As it stands, Bohs lie in 7th place lying only 4 points clear of Sligo Rovers in the relegation zone but the Gypsies form has been unexceptional with their home record being cause for particular concern.
For any fans looking to help the team you can find their donations page by clicking here.
