Thu, 07 Oct 2010 | ADMINISTRATION
Bosses of the Blackpool Panthers rugby league club are holding meetings with interested parties who may be able to rescue the club after it had to call in administrators.
The Championship One club has struggled with its finances since chairman, Bobby Hope, resigned in June, despite a string of on-pitch successes that saw them come within one match of the promotion play-off final last month.
The Panthers are said to owe a considerable sum - estimated to be in the region of £60,000 - to the Inland Revenue. The current chairman, John Chadwick, said they have notified the Rugby Football League already and were optimistic that something could be worked out.
"This is a sad day," he said. "The crowds have never picked up despite our steady improvement in the league. There are individuals, however, who would be interested in possibly forming a new company and meetings will be held as soon as possible."
The club had invested heavily this year in new players, as part of a concerted effort to win promotion. Financial irregularities, however, saw them docked 10 points by the Rugby Football League.
The club joins a handful of clubs who have suffered similar punishments including Widnes, Doncaster, Rochdale and Gateshead, while Whitehaven has also fallen into administration.
The opportunity to acquire the business and/or assets of a specialist B2B marketing agency based in the North of England. A leading provider of a comprehensive range of marketing solutions to innovative technology led engineering and manufacturing bu...
An opportunity exists to purchase the business and assets of a retail and wholesale distribution of drylining & plastering tools via website/ phone / mail order, and the sale of tools and hardware on the high street.
An opportunity exists to purchase the business and assets of a medical logistics business operating from the North of England. The company provides medical logistics and transport support to a range of public and private organisations. They offer sam...
02
|
Jan
|
Wood Group sells Ethos stake to private equity | DIVISION SALE
Scottish engineering group Wood has completed the sale of it...
31
|
Dec
|
UK crowned Europe's dealmaking hub in 2024 | BUSINESS NEWS
UK involvement in M&A rocketed in 2024 making it the most ac...
31
|
Dec
|
UK administrations update: December 24 – 30 | ADMINISTRATION
Since our last update, the following businesses have been co...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
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.