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15 Mar 2010
Administrators of football club Stockport County have been left in the dark over problems with an attempted sale of the club.
Discussions broke down between the purchasers and the Football League, however details on the reason for the failure of the deal are as yet unknown, said the administrators.
“We have been informed by the Football League that at the board meeting held yesterday it was not possible to reach a conclusion regarding the attempted purchase of the club by the Melrose Consortium due to there being a number of unresolved matters," said a statement by joint administrators John Titley and Paul Reeves, directors at Leonard Curtis, appointed joint administrators.
"We have not been informed as to the nature of these queries but are seeking further information."
“We will continue to work with both the consortium and the Football League to try and resolve any outstanding matters to their satisfaction, however given that approval has yet to be given after a number of recent attempts, it is far from certain as to whether the Consortium will be successful in their bid to acquire the club."
In January the Football League postponed the sale of the club to resolve issues with a meeting to discuss the sale taking place late last week. It was in these negotiations that a decision was unreachable.
Football club Stockport Country entered administration on 30 April last year.
Further reading:
Football League blocks Stockport County sale
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