Boston United had just crashed out of the Football League with debts of £3.5m and were teetering on the brink of liquidation.
Sympathy, however, was in short supply. Shortly after winning promotion to the EFL in 2002, Boston were found guilty of falsifying salary details on player contracts lodged with the FA.
Owner Pat Malkinson and manager Steve Evans received bans (and eventually criminal convictions), but the club’s promotion was permitted to stand, to the understandable fury of a Dagenham side they’d narrowly pipped to the Conference title.
The stench of injustice lingered throughout their five-year tenure in the Football League, and intensified on the final day of the 2006-07 campaign.
After an 87th-minute winner for Wrexham condemned the financially-stricken Pilgrims to relegation, chairman Jim Rodwell entered the club into a Company Voluntary Agreement, cynically ensuring that the immediate ten-point penalty would be meaningless.
It worked, but only to a point. Though docked no points for the following season, the terms of Boston’s CVA precluded them from paying football creditors in full, a breach of FA rules that demanded a two-division demotion. The Pilgrims were heading for Step 2.
By the time Newton arrived at York Street a few months later, Boston were stony broke and despised throughout football, their name a byword for corruption and shameless deceit. Nobody would touch them with a bargepole.
Yet as Newton listened to the desperate pleas of supporters and employees, he was moved to help.
“I sat in bed that night thinking about what it might cost and how long it would take,” recalls the 65-year-old, whose company Chestnut Homes had previously sponsored the club’s shirts.
“It was quite literally on the back of an envelope. I came up with no more than half a million and no more than two years. The club would be back in the National League and then we’d be out.”
This story is from the July 21, 2024 edition of The Non-League Football Paper.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 21, 2024 edition of The Non-League Football Paper.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
BISH BASH BOSH! IT'S LINING UP FOR LEWIS
DAVE Lewis believes Bashley are yet to ‘reach their ceiling’.
REBELS YELL FOR GREAT CAUSE
FOOTBALL shirts specially designed by Worthing FC Supporters Association and local artists Two Faced Twins have been such a hit they’ve been able to hand over a sizeable cheque.
FLEET IN BOSS HUNT...AGAIN!
STRUGGLING Ebbsfleet United are searching for their third manager of the season after Harry Watling left Stonebridge Road after just 90 days in charge.
TOP TALENT HAD 'MAGIC AT HIS FEET'
TRIBUTES have been paid for a talented 17-year-old with ‘magic at his feet’ who passed away after collapsing on the pitch.
ALPORT GO ON THE ATTACK TO SEAL PLACE IN LAST 32!
ALL out attack eventually delivered a warranted win for Whitchurch – despite living dangerously late on.
BRILLIANT BECKWITH INSPIRES LEADERS
GOALKEEPER Charlie Beckwith made the difference as his clean sheet and a goal from Cemel Ramadan saw Bury Town take all three points at Chadfields yesterday afternoon.
OWLS WIN KEY CLASH IN BATTLE FOR TITLE
LEAGUE leaders Cleethorpes claimed an important win over second-placed Emley to move four points clear at the summit of the East Division.
BARDS DO THE HARD YARDS IN BIG WIN
THERE was not much to warm Stamford’s fans as the Daniels were beaten by a good Stratford side.
FREDDIE TREBLE TEES UP LATE WIN
FREDDIE PARKER scored his second hat-trick of the season as Cray Valley came from behind to win in what was a great advert for Non-League football.
TIGERS & LIONS IN A TASTY SCRAP!
PLAY-OFF contenders Hyde United and Guiseley had to settle for a share of the spoils after a hard-fought encounter.