Curtis have agreed terms to sell Stockport County Football Club to
the Melrose Consortium.
However, as before, the sale is conditional upon them reaching agreement with
landlord, Cheshire Sports, and the Football League.
The sale was first agreed last summer, then again last December. However, it
has been complicated by issues involving funding to comply with the Football
League’s minimum requirement; complying with the landlord’s expectations of a
credible tenant; and primacy of fixtures by balancing the demands of the
Football League with those of Premier Rugby.
The next Football League board meeting is scheduled for 11 March.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children