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Report: Concerns growing over Dagenham & Redbridge future

The future of National League side Dagenham & Redbridge is under serious threat after two potential new investors pulled out of talks, according to a report.

Two potential new investors have reportedly withdrawn their interest in purchasing Dagenham & Redbridge to leave a cloud of uncertainty hanging over the National League side.

The Daggers, no longer being funded by major benefactor Glyn Hopkin following a falling out with supporters, had hoped for fresh investment from one of three potential investors.

According to the London Evening Standard, though, two of those previously interested parties are now out of the picture, leaving just one consortium in the running.

Dagenham are said to be at the early stage of discussions with the unnamed group, but there is a fear that the club - founded 26 years ago - will soon go bust.

Around £250,000 is understood to be required to pay off running costs until the end of the campaign, and West Ham United have volunteered to help out by staging a friendly at the Chigwell Construction Stadium later this month.

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Daniel Lewis
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A general view of the London Borough of Barking & Dagenham Stadium prior the Sky Bet League Two match between Dagenham & Redbridge and Northampton Town at the London Borough of Barking & Dagenham Stadium on September 6, 2014
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