BusinessBusiness RecoveryBegbies Traynor to run Huddersfield FC

Begbies Traynor to run Huddersfield FC

Corporate recovery partners from insolvency specialists Begbies Traynor have been appointed joint administrators at second division club Huddersfield Town.

Link: Players in administration first

Andrew Dick and David Acland were appointed by the Leeds High Court on 31 March following a petition presented by players, the first time this has happened.

The club joins fellow second division strugglers Port Vale, who went into administration just before Christmas.

David Acland said the club’s survival was his ‘primary purpose’ and said he and Dick were ‘actively seeking investors interested in acquiring the football club as a going concern’.

Under the arrangement, the players may be forced to go unpaid until the club is sold, but they have agreed to go on ‘working’ until a sale is achieved. They have not been paid for the last three months.

‘We hope that a deal can be struck with interested parties before the end of the current season, with a view to safeguarding the club’s Football League status for the coming season. In this respect the Court requires us to report on progress at the end of this season,’ Acland said.

News of the club’s fall into administration piles more woe on an already poor season on the field, which sees Huddersfield Town propping up the bottom of the second division, and almost certain to play in the third division next year, provided the club’s financial future can be secured.

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