County's Administration update

Date published: 15/03/2010

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 have been informed by the Football League that at the Board meeting held yesterday it was not possible to reach a conclusion regarding the attempted purchase of the Club by the Melrose Consortium due to there being a number of unresolved matters. We have not been informed as to the nature of these queries but are seeking further information.

"We will continue to work with both the Consortium and the Football League to try and resolve any outstanding matters to their satisfaction, however given that approval has yet to be given after a number of recent attempts, it is far from certain as to whether the Consortium will be successful in their bid to acquire the Club. Consequently, we 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 safeguard against the Club's