Following a board meeting held earlier this week, Doncaster Rovers owner Terry Bramall has confirmed he will provide a major injection of funds into the playing budget for the 2023/24 season.
Terry said: “Since the passing of my dear friend Dick Watson, the focus of our approach has been to run the club more sustainably - a process accelerated following the Covid-19 pandemic.
"This approach was with good intention. We have stated before that the legacy of our ownership would be to leave a club that could survive without a constant need for its owners' funding and thus safeguard its future should the worst happen to myself or David - ensuring the first step in those unfortunate circumstances would not be administration.
“Through the hard work, commitment and creativity of our staff, led by chief executive Gavin Baldwin, it is clear while he and our core staff remain in place, there is a model of operation that can support the club.
"With that in mind, both he and our staff should be proud of their achievements. Two sell-out concerts, three Rugby League World Cup matches and an England Lionesses fixture have all taken place at the stadium in the past 18 months. These activities, plus our other business operations, have allowed us to reduce season memberships to their lowest price in two decades. It is obvious that with our staff, we have a special group of people who would go above and beyond to ensure that the club would survive the most difficult of circumstances.
“During this time, as a supporter base, you have shown incredibly loyalty to Doncaster Rovers, through both the pandemic and relegation to League Two. Losing only 26 season ticket holders despite relegation was a phenomenal show of support and even over the past month, the number of individuals who have renewed their season membership for next season has been encouraging.
"Personally, I feel now is the time to reward the perseverance and loyalty of both our supporters and staff.
"I do not believe this club belongs in League Two. I am now 80 and I want to see the club do more than survive - I want it to thrive. For this reason, I will be putting forward a significant financial injection into first team resources for next season."
Rovers chairman David Blunt said: “I think I speak on behalf of all associated with the club in saying that we are grateful for the level of support Terry has shown the club, both historically and following his decision to inject further funds into the first team. We are once again thankful for his continued support.
“Due to our model of operation this season, it is clear that head coach Danny Schofield has dealt with challenges that perhaps his predecessors have not shared. Therefore, he will be given the opportunity to move forward next season with the additional resources provided by Terry.
“With the finances available, there should be no reason why the club cannot be challenging for promotion next season. Danny understands the level of financial support that has been offered and is confident that it is at a level that can achieve that objective."