KIDDERMINSTER Harriers’s board of directors have revealed their plans to keep the club full-time.

Chairman Ken Rae told shareholders at Monday’s annual general meeting that the Aggborough outfit will not be going part-time.

But he warned those present the club will have to live within its means and operate with a much reduced playing budget.

Harriers will not be able to rely on the financial backing of millionaire benefactors Kath and Ernie Lane, who have re-affirmed their commitment to bankroll the club until the end of this season.

The pair are also set to cover any losses made this year.

The news will come as a relief to fans who have been concerned about Harriers’ finances and that they could return to semi-professional status for the first time in 15 years.

The Reds, who are set to bring in a new commercial director in the summer, will hand manager Gary Whild a smaller budget, estimated to be between £350,00 and £400,000, which will be determined by season ticket sales, attendances and any revenue Harriers generate.

Kidderminster are saddled by a monthly wage bill which has been reduced from £70,000 to £60,000, which the club can only pay thanks to the Lanes’ support.

Last season’s accounts also revealed the Reds made a £263,501 loss, compared to the £40,654 they lost during the 2012-13 campaign.

But the club have a clean slate for next season, with all the squad but Reece Styche and Craig Reid out of contract in the summer.

Boss Manager Gary Whild will hope to retain youngsters like Jordan Tunnicliffe for next season and as well as use academy prospects such as Luke Maxwell and Kennedy Diggie.

The news comes after their current financial fragility was exposed by the dramatic events of the weekend.

Worries emerged the Lanes had pulled out after staff had received only a third of their wages last week, prompting a media blackout by players and management.

But the chairman confirmed the couple were still committed to the club and wages would be paid in full.

Harriers are also set to hold a fans' forum, which is set to held in April.

Fan Karl Davies, who attended the AGM, said: “While last season’s accounts were disappointing, it is better for the club to be operating with a much smaller budget than going out of business.

“But the board must remember that Harriers are a community club and they must role up their sleeves and take everyone involved forward together.”

Meanwhile, Harriers’ Worcestershire Senior Cup final clash at Agbborough has been set for Tuesday, April 21 (7.45pm ko).

The Reds will tackle Worcester City, who are currently sharing Kidderminster’s Hoo Road home.

With 27 final victories, Worcester City are the record-holders for the number of Cup wins, compared to Harriers’ 25.

City haven’t lifted the trophy since 1996-97, while Kiddy’s most recent triumph occurred five years ago with a 2-0 win over Halesowen Town, courtesy of goals from James Lawrie and Brian Smikle.