Stockport enter administration amid financial woe
Thursday 30 April 2009
League One side Stockport County are facing a 10-point deduction after going into administration today.
With the club safe from relegation, the Football League — which governs the three divisions below the Premier League — has not said whether Stockport will have the points taken away this season or next.
"The club have struggled with historic levels of debt and despite early hopes that administration could be avoided earlier this week, the club has been unable to satisfy its secured creditor," administrator Leonard Curtis said in a statement.
Four clubs have had points deducted this season for breaking financial rules by going into administration, while Southampton is considering an appeal against a similar sanction.
Stockport are 13th in the 24-team standings ahead of this weekend's final round of matches, with even a 10-point deduction leaving them clear of the relegation zone.
"We are extremely hopeful that we will find a buyer for the club and are already aware of a number of expressions of interest," John Titley, a director of Leonard Curtis, said.
Latest in Sport
Pornhub: Cheeky Liverpool fan uploads Philippe Coutinho wonder-goal video to adult website
Diego Costa keeps coin thrown at him during Capital One Cup final
Lukas Podolski corner: Has the Arsenal forward taken the worst corner of all time?
Ireland 19 England 9 player ratings: Jonathan Sexton? Devin Toner? Alex Goode? Who was the star man in Dublin?
Eden Hazard didn't like the champagne on offer in the Chelsea dressing room
- 1 Bill Clinton portrait features Monica Lewinsky reference, artist admits
- 2 Delhi bus rapist blames dead victim for attack because 'girls are responsible for rape'
- 3 PornHub turns masturbation into energy in bid to save the planet
- 4 Have sex with your iPad thanks to the new sex toy no-one asked for
- 5 Average penis size revealed: Scientists attempt to find what is 'normal' to reassure concerned men
New theory could prove how life began and disprove God
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
This is what it's like to be dead, according to a guy who died for a bit
Ukip would cut billions from Scottish budget to fund English tax cuts
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
End of the licence fee: BBC to back radical overhaul of how it is funded