Hatters enter administration

Published Add your comment

League One side Stockport have been forced into administration and look set to be docked 10 points as punishment by the Football League.

County have fought a long battle to stave off administration but their level of debt - one of their creditors is owed £300,000 - has left them with no other option.

John Titley and Paul Reeves, directors of Manchester-based accountancy firm Leonard Curtis, said they had been appointed as joint administrators after "protracted negotiations" with a secured creditor.

Titley said: "We are keen to work with the board to explore all possible solutions to ensure the club's future prospects are protected as far as possible.

"We are extremely hopeful that we will find a buyer for the club and are already aware of a number of expressions of interest.

"We are committed to working with the club's management team to resolve this situation as quickly as possible, balancing the needs of concerned creditors with the future of the club."

Copyright (c) PA Sport 2009, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

League One
League Two

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again