Thu, 25 Sep 2014 | ADMINISTRATION
In a forceful move to snatch back control of Salisbury City FC from its present owner Mr Otail Touzar, the board has placed the club into administration.
Mr Touzar, a Moroccan businessman, bought a 98 per cent stake in the club in May for £1, with promises of the backing of Arab millionaires, but didn’t even produce the £50,000 bond required by league bosses.
Since then he had failed to pay staff wages, meet fans or go to the ground.
In August it was reported that HMRC had ordered the winding up of the Wiltshire club over unpaid taxes, while a consortium of local businessmen had unsuccessfully tried to oust Touzar in a High Court battle.
After Jeremy Harwood, a consortium board member, lodged a petition through his company LED Synergy in The High Court last week, the club is now in the hands of administrators of Portland Business Support and Advice.
Mr Touzar attempted to challenge the decision in court on Tuesday but was rejected, and was ordered by pay £1,700 in costs within 14 days or risk bankruptcy.
The club’s consortium lead Paul Smith told the Salisbury Journal: “We’re still resolute and determined to take the club on and there is still hope for Salisbury.
“There is a huge amount of relief across the city now Mr Touzar has gone. That’s the end of him now.”
_____________________________________________________________
Related information:
Contact the administrators
The Inn is a large semi-detached property situated in 3/4 of an acre of land. The village is situated close to the famous Cloughton and The Hayburn Wyke Valley which reaches down to a magnificent rocky cove complete with tumbling waterfall and giant...
FREEHOLD
The inn occupies a prominent roadside position on the A361 in the village of Burrowbridge. It stands alongside the River Parrett in the Somerset levels and is popular with walkers, cyclists and bird watchers. The village lies at the halfway point bet...
FREEHOLD
Presenting an opportunity for an acquirer seeking a character stone built 17th century village inn with epic lounge bars and a restaurant oozing personality.
FREEHOLD
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.