VSI
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

Levy
FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Rushden & Diamonds FC placed into administration

Thu 7th Jul 2011 | Football Club Administration

Troubled Northamptonshire football club Rushden & Diamonds FC was placed into administration at the High Court earlier this week after failing to attract new investment following their expulsion from the Football Conference last month.

Attempts to find new investment from a Japanese property company faltered on Sunday and the SaveRDFC supporters group failed to raise the necessary funds to save their club.

The club announced on Tuesday (5th Jult) that they were withdrawing their appeal following the news that they had failed to attract the required investment.

Gary Carter of insolvency practitioners Carter Clark commented “Sadly Rushden & Diamonds FC Limited has been placed into administration by the secured creditor, after failing to attract the necessary funds to continue.

“It is very sad when such a popular club fails and our thoughts are with the fans who must be very disheartened that attempts to save their club have not succeeded.”

Alan Clark of Carter Clark has been appointed administrator by the debenture holder.  The administrator is not in a position to carry on trading the business. Formal notice of the appointment, together with a proof of debt form enabling creditors to lodge claims in the administration, are available from the insolvency notices section of Carter Clark’s website. 

---------------------------------------------------------------------------------------------------

RETURN TO LATEST NEWS SECTION

SUBSCRIBE TO THE F.C. BUSINESS RSS FEED

 

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Bolton Wanderers Sell Training Ground To Wigan

Fri 19th Feb 2016 | Football Club Administration

Bolton Wanderers have today confirmed the sale of its Euxton training ground to ‘another North West football club’. The Championship club have debts totalling £172.9m and are...

Northampton Town Application For Administration Withdrawn

Fri 11th Dec 2015 | Football Club Administration

Northampton Town Football Club has confirmed that the application for administration has been officially withdrawn. Legal agreements had been reached this week between the club and Northampton Borough...

HMRC Hands Bolton Wanderers Winding Up Petition

Thu 10th Dec 2015 | Football Club Administration

Bolton Wanderers have been handed a winding up petition by HMRC it’s been confirmed. The club, who are currently bottom of the SkyBet Championship, have debts of over £170m and have failed...

HMRC Withdraw Cobblers Winding Up Petition

Mon 30th Nov 2015 | Football Club Administration

The winding up petition against Northampton Town FC has been withdraw it’s been confirmed. The SkyBet League 2 side has confirmed that the HMRC winding up petition has been officially withdrawn...