Stockport County Association Football Club Limited in administration - update
12/2/2010
Stockport County Association Football Club Limited (SCFC) entered into administration on 30 April 2009, with the appointment of John Titley and Paul Reeves, Directors at Leonard Curtis, as Joint Administrators.
This statement is an update from the administrators.
"We are disappointed to report that we have received confirmation via our solicitors that the Football League is presently unable to recommend the transfer of the SCFC share to the prospective purchaser, The Melrose Consortium. We understand that certain items of required information are still outstanding. We remain hopeful that The Melrose Consortium can still progress their interest and we will continue to provide information and support to them.
"However, we will also continue to actively seek interest from other parties and would emphasise that any such parties should notify us of their interest as quickly as possible in order to ensure the Club's future.
"The administrators would like to thank the players, staff, supporters and sponsors for their patience and efforts in these difficult times for the Club.
"The administrators have made every effort to secure a sale but the current economic climate combined with the requirements of the Football League membership criteria have made this process extremely difficult. However, the administrators would like to assure everyone associated with the Club that everything is being done to try and attract new investors for the Club and would like to use this opportunity to encourage offers for the Club."
