AFC Wimbledon seek £3m borrowing option after investment collapse

AFC Wimbledon supporters will be asked to authorise up to £3m in unsecured borrowing following the collapse of a proposed £87m investment. The Dons Trust plans to put the resolution to members at its annual general meeting on 14 December, according to The Pyramid's reporting on the board's latest update.

The proposed authority would allow borrowing if needed, rather than commit the club to taking the entire sum. The Trust says it has received loan offers, but the lenders and terms have not been disclosed. The borrowing would not be secured against Plough Lane or other assets belonging to the club or Trust, with further information due in the AGM papers.

The Pyramid also reports that the forthcoming accounts will disclose a material uncertainty over the club's ability to continue as a going concern. The board nonetheless expects borrowing options and cost controls to help manage cash through this season and into the next. That outlook is conditional, not guaranteed.

The funding search follows Sloane Street Capital's withdrawal from the investment process. In a statement published by the club on 8 November, the Trust said SSC had changed its investment priorities. The board consequently withdrew the resolution already being voted on by members and cancelled the extraordinary general meeting scheduled for 10 November. The statement said the club would continue operating normally while its boards worked on short-term finances and future investment.

The earlier proposal set out £16m for 34.7% of the club's issued share capital, alongside a minimum overall commitment of £87m over five years. The club's published summary split that total between the initial equity investment and £71m in capital injections from 2026/27 to 2030/31. Those figures describe the withdrawn offer, not funding that Wimbledon has secured.

Ryan Bertrand, Stuart Fiertz, Oliver Ward and Hugh Rosen are continuing as Sloane Street Football. The Trust said the group intends to find fresh backing and return with a proposal on the same terms. Any future offer must undergo full due diligence and a members' vote; the continuing search does not amount to an agreed replacement deal.