Thu, 07 Jul 2011 | ADMINISTRATION
Troubled Northamptonshire football club, Rushden & Diamonds FC, has entered administration after last-ditch talks to save it fell through.
Administrators are now seeking “to realise property” owned by the club – aiming to sell as many assets as possible in order to make distributions to creditors. The club has been facing enormous financial troubles this year, that were made worse when they were omitted from the Football Conference for financial reasons.
AJ Clark, from the firm Carter Clark, has been appointed as administrator for the club and has said he is keen to make moves with creditors as soon as possible.
“I shall be preparing a report in connection with the affairs of the company, and proposals for achieving the purposes of the administration,” he said. “This will be made available to creditors within eight weeks of my appointment. A meeting of creditors, if appropriate, will be convened within 10 weeks of my appointment.”
Talks had been underway with a Japanese property firm that had been interested in investing in the company. Those talks fell through on Sunday night, however. The club’s chief executive, Steve Beasant, quickly issued a statement that the club would be placed into administration by the owners of its homeground, Nene Park, based upon their powers under historic legal charges over the club.
The company designs and delivers electronic portfolios for organisations that capture and assess evidence for personal, professional, and organisation recognition, internationally. The company creates leading digital solutions that mirror and enhance...
A distributor of oils and ancillary cleaning products to a wide client base, and is not dependent on any one client or market sector. These Items are an essential component to ensure smooth operation of equipment and reduce wear & tear and reduce ope...
The company is an equestrian business comprising a popular retail store, accredited livery and riding facilities and a competitive events operation, operating from an attractive rural location in the East Midlands.
LEASEHOLD
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.