Hinckley United Wound Up Following Court Hearing
Tue 8th Oct 2013 | Football Club Administration
Hinckley United Football Club were wound up yesterday following a hearing at Birmingham High Court.
The proceedings were brought against the by former chairman Kevin Downes, who resigned as chairman in July last year claiming the club owed him more than £187,000.
A statement released by the club following the judge’s decision read, “Further to the winding up petition issued by the Downes Executive Pension Fund against Hinckley United Football Club Limited, the directors attended the court hearing at Birmingham today where the winding up petition was granted.
“The board would like to thank its supporters, sponsors and shareholders for their support in these sad and difficult times.”
An attempt last week to save the club from liquidation had proved unsuccessful and a source told The Hinckley Times that tough decisions had to be made, “The directors believe it is for the good of the club in the end. Going into administration would be a short term fix and not solve the underlying financial issues.
“If liquidation happens the first team will go for this season, the club will play in a lower league with a different name and retain the academy and juniors.
“The club needs reinventing, just like Nuneaton Borough did. They went into liquidation, got relegated and now look where they are.”
On the same day as the news of Hinckley’s demise Kettering Town fans breathed a sigh of relief after the club successfully appealed a winding up order.
“The Appeal hearing in the Royal Courts of Justice was successful and the winding up order against Kettering Town F C Management Limited has been rescinded,” read a club statement.
“We are in touch with the F A and the Calor League and expect all fixtures scheduled to take place, including tomorrow's F A Carlsberg Trophy replay at Romulus.
“The legal technicality to this is that the Petition to wind the club up still remains (despite the rescission of the winding up order), until payment to the creditor, although agreement has been reached today between the two parties for payment.
“The winding up petition has again been adjourned for 28 days and will be heard again on 4th November- by which time the agreed debt will have been cleared.
“The Club would like to thank all KTFC supporters, sponsors and donators of any description and particularly the thousands of donations from all clubs and countries who supported the Club in its efforts.”
Posted by: Aaron Gourley
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