Yeovil chairman warns Gary Johnson has 'no new funds'

Gary Johnson
Johnson left League Two Northampton by mutual consent in November

Yeovil chairman John Fry says no new funds will be handed to manager Gary Johnson to invest in players.

Johnson was re-appointed on Monday, with former boss Terry Skiverton moving to be his assistant.

"There's no point in me standing here telling you that we're going to dig out money," Fry told BBC Somerset.

"Gary knows what he is having to deal with. Let him see what the squad is like, let's see what the size of this problem is, and we'll answer it."

He continued: "If people want to come in here and put money into the club, then they can give me a call.

"But we run this as a business. Gary has been told that, and Terry knows that. Terry has managed it very well. We've got limited resources."

Yeovil did not undermine Skiveton - Fry

Yeovil currently sit 21st in League One and have had to rely on loan signings to complete their squad over the past few seasons.

And Fry believes dwindling attendances at Huish Park have had a huge impact on their playing budget.

"It has to come through the gates and you have to earn it," he said. "The club has during the last three years lost about a million pounds on its gate receipts.

"The gates have gone down from about 4,000 down to 3,500. It's about whether Gary can bring the crowds back and produce more income. You can't spend more than what you've got. If you do, then you go broke."

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