18 Jan 2010
The Football League has blocked the sale of troubled Stockport County, leading to the football club's administrators demanding clarity on the situation.
John Titley and Paul Reeves, directors at Leonard Curtis, were appointed as joint administrators when the club collapsed last April.
The Football League Board met on 14 January to consider the proposed transfer of the Football League Share to the Melrose Consortium.
“Unfortunately, we understand that they were unable to recommend that the Football League Share be transferred at this time as there were still some issues to be resolved," the administrators said in a joint statement.
"We have requested that the Football League confirm what matters remain outstanding and have offered our assistance to both the Football League and the Melrose Consortium to resolve these matters if possible."
Further reading:
You may also like
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
Visitor comments Add your comment