Billericay Town owner Glenn Tamplin is preparing to sell the Essex club this week as the dream of reaching the Football League hits an all-time-low.
The 46-year-old is preparing to sell the Club to David McCartney, owner of ‘Ricay main sponsor DMC Contracts, but only if the finances can be made sustainable.
The Blues have been running on a reported wage bill of £22,000 however with Tamplin withdrawing his monetary support, the Club are having to reduce this figure to £10,000.
A number of key players have already departed the Club as a result of the wage cuts. Adam Cunnington, Scott Doe and Ricky Modeste all departed the AGP Arena on a busy Friday afternoon, while Blues top-scorer Jake Robinson was sold to Maidstone United on an undisclosed fee.
Tamplin recently revealed that he was looking to sell the Club; however, it was regarded that his demands have not been met by any potential suitors.
But with the steel magnate not having been seen at the Club for three weeks, it is believed that the controversial owner no longer has the financial assets to run the Club.
A source close to the Blues told The Non League Paper: “Glenn’s involvement with the Club is finished. He hasn’t been seen here for weeks; there is no money going in.
Volunteers have been chipping in to do work that people were supposed to have been paid to do. There is no money left.”
Tamplin is a figure known not to shy away from the spotlight but drew unwanted attention as allegations of blackmail and drug use arose. In September he announced that the Club would be put up for sale, and later issued a three-week deadline to find a new owner.
Billericay manager Dean Brennan presided over a 2-0 victory at Eastbourne Borough but commented about the takeover rumours and exodus of high-profile players.
“We have to cut the wage bill and we have too big a squad.
I need to change the mentality, because players are only coming here for the money. I want hungry players. I have always had a great relationship with Glenn and I want to spend his money, anyone’s money, wisely. It’s [the takeover]none of my business. We now need to work under a budget and we need sustainability.”