GRAYS Athletic have revealed they have already made an increase of almost 50 per cent towards the club’s targeted running costs for the new season, as it bids to become a supporter-owned club.

Following discussions with advisory group Supporters Direct, Grays had agreed to raise an initial minimum amount of £30,000 towards running costs for the 2016-17 season, in order to demonstrate the financial viability to the Football Association and the Ryman League.

The club met the minimum target by the deadline of July 31, with 171 adult members/ordinary shareholders and 22 children (under-16) members/ordinary shareholders having signed up by that date.

The total amount raised so far from members, including memberships and community shares, is £44,050.

The club thanked all those who have helped them reach and surpass this important milestone.

However, the club is still looking to add £16,000 to the total, as they bid to raise £60,000 to help plan the finances over the next three years.

Other ways to help the club include buying a season ticket, becoming a 12th Man Scheme member, sponsoring a player’s shirt or getting involved in social functions – such as the Race Night on Saturday at The Ship, in Dock Road, Little Thurrock, beginning at 7.30pm.

Full details on the scheme and ways to help the club raise money can be found at www.graysathletic.co.uk