In June 2010, Thatcham appointed Colin Millard as manager. With over half of the squad departed, many to its local rival Hungerford Town, and a reduction in the club's playing budget, Millard had the difficult task of rebuilding the squad for the 2010–11 season. Millard left the club in October 2010, and Ackling returned to manage the club. In April 2011, Thatcham Town beat Tadley Calleva 4–1 to win The Basingstoke Senior Cup Final. This was played at the ground at Andover New Street. Thatcham won the competition again at the end of the 2011–12 season, beating Basingstoke New Inn 3–0 in the final.