Scunthorpe United have ended conversations with subscription-based investment group FC100,000 amid supporter backlash. The decision comes after the group, which aims to raise £6m through 100,000 subscribers paying £60 a year, had reportedly reached an agreement with the National League North leaders.

What happened?

Scunthorpe chair Michelle Harness announced that the club has "unanimously decided to end" discussions with FC100,000. Harness stated that the club has listened to fan concerns and shares a number of them.

Why it matters for Scunthorpe

The Iron were a Championship club as recently as 2011 but their 72-year spell in the Football League came to an end in 2022. They are currently four points clear at the top of the National League North table with six games to play.

Current standing

CategoryValue
League standing5th in National League, 82 pts, 23W-13D-10L from 46 games
Recent formLDWLD
Goals this season77 scored, 62 conceded (+15 goal difference)
Title race26 points behind leaders York
Last resultRochdale 2-1 Scunthorpe (2026-05-03)

FC100,000 is co-founded by Will Brooks, who headed up the MyFootballClub group which bought 75% of non-league Ebbsfleet in 2007. Brooks left the project two years later, and by 2010 membership had dropped to 3,000. In 2013, they sold the club, which owed money to HM Revenue and Customs.

The decision to end talks with FC100,000 has been met with relief from some supporters, who were concerned about the potential impact on the club's future. Scunthorpe will continue to explore options for investment and growth, with a focus on finding a sustainable and supportive partner.