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eggs66 Posted on 10/03/2010 13:42
So farewell Chester City...

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The debt-ridden company behind Chester City FC has today been wound up, the club has confirmed.

Chester City FC 2004 Ltd failed to settle its debts with HM Revenue & Customs resulting in the adjudication at the High Court in London this morning.

In January, the company was given six weeks to finalise proposals for a Company Voluntary Arrangement (CVA) aimed at enabling the club to clear its immediate debts – £26,125 of which is owed to the taxman.

Meanwhile, Cardiff City have been given 56 days and Southend 35 days to settle their own winding-up orders.


26 fookin' grand. Average Prem player makes that in a couple of days training. Somefink very very wrong somewhere.
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ericsteel Posted on 10/03/2010 14:34
So farewell Chester City...

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Football will eat itself.
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Mustapha_Teabreak Posted on 10/03/2010 14:40
So farewell Chester City...

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wound up for the princely sum of £26,125 ....
pimpey £30m in debt and gonna get money from the pl to carry on.

where is the sense???
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eggs66 Posted on 10/03/2010 14:41
So farewell Chester City...

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It seems Chester are to be the aperitif.

Portsmouth, Palace, Southend & Cardiff the starters...
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Adumass Posted on 10/03/2010 14:43
So farewell Chester City...

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aren't the people of chester fully behind this winding up though? dodgy owners or something. club to start again from the bottom.

or am mixing up one debt ridden club with another?
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eggs66 Posted on 10/03/2010 14:44
So farewell Chester City...

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"pimpey £30m in debt and gonna get money from the pl to carry on."

No way the Prem was going to allow one of its own to go under...makes them look like the right bunch of cunts they really are.

Of course once they are relegated, the PL don't give two fucks - not their problem anymore.

Fookin stinks. All of it.
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hackneyfox Posted on 10/03/2010 15:12
So farewell Chester City...

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Have I missed something?
What is this 30m that the PL are giving Portsmouth?
Advance payments?
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Mustapha_Teabreak Posted on 10/03/2010 15:19
So farewell Chester City...

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nobody said they were getting 30 mill, that's their debt or whatever.
the pl are considering advancing parachute payments once they go into admin and are assured of relegation ...
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