Braintree Town have secured a vital financial boost ahead of the new season, receiving £175,000 from FIFA and £375,000 from Kyrell Lisbie’s transfer to Millwall. The payments have allowed the National League South side to lift their transfer embargo, which had been in place since May. Manager Steve Pitt confirmed the club is now in a stronger position after a difficult 2025 campaign, where they finished 23rd in the National League with 36 points (8W-12D-26L), conceding 76 goals and trailing leaders York by 72 points. Their last result, a 5-1 loss to Tamworth on April 25, 2026, capped a poor run of five consecutive defeats (LLLLL).
What happened with the FIFA payment?
Braintree Town benefited from Tommy Smith’s call-up to New Zealand’s 2026 World Cup squad, earning a £175,000 “thank you” payment from FIFA. The club had been under financial strain, but the windfall helped them exit a transfer embargo imposed earlier this year. Manager Steve Pitt told BBC Essex that the payment was crucial for the club’s stability, allowing them to plan for the upcoming season.
How did the sell-on clause help?
The club also received £375,000 from Kyrell Lisbie’s move to Millwall, thanks to a 12.5% sell-on clause. Lisbie, who progressed from non-league football to the Championship in just two years, was praised by Pitt, who tweeted: “So proud of the boy & our part in his continuing elevation.” The fee further strengthened Braintree’s financial position, enabling them to make necessary squad adjustments before the season starts on August 8.
What’s next for Braintree Town?
With the transfer embargo lifted, Pitt is now focused on finalizing his squad. He admitted there will be more movement before the season opener, emphasizing the need for tweaks to improve the team’s performance. After a challenging 2025 season, where Braintree struggled defensively (conceding 76 goals) and finished near the bottom of the table, the financial boost provides a much-needed opportunity for recovery. The club will look to bounce back in the National League South, starting with their pre-season preparations.
