Scunthorpe HubScunthorpe United has ended conversations with FC100,000, a subscription-based investment group. The group aimed to raise £6m through 100,000 subscribers paying £60 a year. However, Iron chair Michelle Harness announced the club has unanimously decided to end discussions.
What happened?
Scunthorpe United was reported to have reached an agreement with FC100,000, but Harness stated the club has listened to fan concerns and shares some of them.
Why it matters for Scunthorpe
The decision comes as Scunthorpe United sits 5th in the England National League with 82 points from 46 games, having recently lost to Rochdale 2-1 on 2026-05-03.
What comes next?
FC100,000 co-founder Michael Brady expressed sadness over the reaction but emphasized the group's goal of finding welcoming owners to disrupt the funding model for football.
| Stat | Value |
|---|---|
| League Standing | 5th |
| Points | 82 |
| Recent Form | LDWLD |
| Last Result | Rochdale 2-1 Scunthorpe |
Fan reaction
The fan backlash was significant, with many expressing concerns over the potential investment. The club's decision to end discussions has been seen as a positive step towards maintaining fan trust.
As of 23 Jun 2026, Scunthorpe United continues to work towards a sustainable future, with the support of its fans.
