Chris Nixon's reign as Bracknell Town chairman came to an end this week when he resigned from his position.

During his time, Bracknell have equalled their highest ever league position and enjoyed some success in the cups.

However, in a statement revelaed late last night Nixon revealed that the current economic climate, and the increased pressure it has brought upon his businesses, means that he no longer has the time to help run the club.

What do you make of Nixon's resignation? Have a say here.

Nixon said: “After a great deal of thought I tender my resignation as chairman/ director of Bracknell Town Football Club with immediate effect.

“Like most of us in these difficult economic times my businesses are under significant pressure and I need to concentrate all my efforts on providing stability for my family and employees and therefore cannot fulfil the large commitments involved at the club."
 
“It goes without saying that I wish everyone involved with BTFC all the best for the rest of the season and in the future.

“I would like to thank everyone throughout my years with Bracknell Town who have worked extremely hard to help me and others establish BTFC in this league.

“Good luck and all the best.

Bracknell Town FC has been hit hard by the recession and are expecting an extremely tough year.

Despite the club becoming a company limited by guarantee last summer, their fortunes have not improved on or off the pitch.

Plans for a new ground had to be put on hold following a fall in the housing market, the position of Club Steward was made redundant after a fall in bar sales, while the cafe at the club has also closed.

The bar and tea bar are now run by a team of volunteers.

Meanwhile, the team has struggled to find any form on the pitch and are locked in a relegation battle for the second succesive season.

In his time at the club, Nixon arranged a number of sponsorship deals with local companies as well as pumping in a large amount of his own money to help subsidise Bracknell’s existence.

However, one anonymous fan insists Nixon’s influence in seeing Bracknell climb the football pyramid and maintain their position in British Gas Division 1 South & West will be his overriding legacy.

“I think it’s  shame because we’ve done the best with what we’ve had and the club has moved on since he’s been here,” they said.

“We were promoted four or five years ago to our current level and we’ve managed to sustain it, which for a club of our size and resources is impressive.

“We have also been in the first round and fourth qualifying round of the FA Cup which is the stage where the league clubs enter.

“Also, in terms of his business contacts and bringing money in, it is quite dangerous for the club.

“I’d love to see someone come in and try and do a better job, but it’s going to be very hard.”