Help Sitemap Home Skip Navigation Contact Us Disability Statement

 
 
Saturday, 6th September 2008

Premium Article !

Your account has been frozen. For your available options click the below button.

Options

Premium Article !

To read this article in full you must have registered and have a Premium Content Subscription with the n/a site.

Subscribe

Registered Article !

To read this article in full you must be registered with the site.

Halifax Town AFC and consortium issue joint statement



Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image

Halifax Town and the consortium who have been trying to take over the club have today (Tuesday) issued the following statement.

A preliminary announcement – from the Football Club and the Consortium
We hope you will appreciate, following the unexpected and devastating news of last Friday, 9th May, a huge number of Club matters have had to be dealt with.

The current position is that the Consortium, whilst certain discussions take place, are continuing to honour the guarantee made to the Administrators, Begbies Traynor and continuing to fund the ongoing running of the existing Company. This includes the payment of management, playing staff and running costs and represents a significant cost to prevent the Club from being liquidated, which would ordinarily have happened immediately after the events of Friday. This is to provide time for interested parties, including the Consortium, to explore opportunities for a 'reformation' of the existing Company, as near the top of the senior Football Pyramid as possible. These discussions will ultimately need to be concluded with Begbies-Traynor as current Administrators of the Club, with the FA giving approval for whatever offer of membership and approval may be given to join a nominated League, for the 'reformed' Club. We stress, this route is being used to try and retain as high a position up the pyramid as possible and to do this, a transfer from the previous Company is more favourable than a 'new' start. This must not be confused with any activities involving Halifax Town Supporters Trust members, who we understand are involved in their own separate plans for the restructure of the Club, in conjunction with Supporters Direct, within the Football Pyramid.

In having to discuss the various scenarios relating to the current Club, time has been of a premium. Discussions were taking place yesterday at the FA in London, relating to all the Leagues under the FA banner, which is normal procedure at this time of the year. Clubs have to submit 'expressions of interest' to take part in certain Leagues. This we have done and discussions are taking place as we speak.

The Consortium is still seeking to be involved if possible, in addition to another potential group. As mentioned previously, the Halifax Town Supporters Trust, is also taking their independent approach. It is hoped, within the next 48 hours, our position will be much clearer, once ongoing discussions have been completed. At that point, a decision will have to be taken as to which scheme, if in fact there is more than one scheme, goes forward to the FA for final consideration. The FA will not consider more than one option from the town of Halifax, no matter which League the proposals are intended for or under what name the Club is constituted.

We can only stress, the lack of immediate information, is due to re-organising after the failure to pass a CVA last Friday. Whatever the outcome, all the faithful fans of Halifax deserve the best possible outcome from the situation. That is what is trying to be achieved, but it will take a little time yet, from all perspectives.

We hope to provide a further statement, after we have dealt with the short term pressing deadlines, to help clarify the circumstances of Friday and correct some of the recently published inaccurate statements.

The full article contains 561 words and appears in n/a newspaper.
Page 1 of 1

  • Last Updated: 14 May 2008 8:03 AM
  • Source: n/a
  • Location: Halifax
 
Prev
1
2
1

,

13/05/2008 11:47:28
Comment Reported Unsuitable By User
2

Brigantes,

13/05/2008 13:04:14
So fans are left in complete darkness again.Imminent is followed by imminent for over a year then more discussions and providing time for interested parties ad nauseum,what rubbish next?
3

part-time fan,

13/05/2008 13:20:52
"We hope to provide a further statement, after we have dealt with the short term pressing deadlines"

HOPE???? COMMIT to a bloody update, you set of incompetent clowns.

A message to the consortium if you are watching:

YOU'RE FAST LOSING THE FAITH OF PEOPLE CONNECTED WITH HALIFAX TOWN, AND THIS NUMBER INCREASES BY THE DAY. KEEP US WELL UP TO DATE, ON A DAILY BASIS, OR YOU WILL BE FACED WITH MAKING AN EVEN BIGGER MOCKERY WITH THE FOOTBALL CLUB THAN YOU ALREADY HAVE DONE.
4

,

13/05/2008 13:26:42
Comment Reported Unsuitable By User
5

,

13/05/2008 14:05:26
Comment Reported Unsuitable By User
6

Urbc,

13/05/2008 15:00:37
They can't even get going bust right in this town. No wonder everyone is losing the will!!
7

John Cope,

13/05/2008 16:14:24
As a sharehoder who attended the meeting of shareholders on 7 May when it appeared that a dividend of between 2.5% and 10% to creditors was the last piece to be put in the jigsaw, two matters concern me. First why did the administrators not know the size of the debt to HM Revenue and Customs at that meeting when it was so critical to the nature of the proposals. Secondly if the consortium want 75% of shares could not the balance of shares be used as a negotiating tool without increasing the cash pay out to creditors.
I am grateful to the consortium for keeping the club alive over the last two years with hard cash but try to be more open and communicative in the future. Dare we hope we might survive?
8

DJ Funky,

Knott End Near Blackpool 13/05/2008 18:46:52
Now the dust has settled it's time to move quickly if we are to achieve step 3 or 4. This is something that the so called consotium seems unable to do. How about a meeting which would include ALL SUPPORTERS with say a donation of £15.00 to set up the new club, which would only be like an extra match.
We also need the courier to be more involved, we've had black and white on the front page'Farewell HTFC'!! How about Save Our Club in blue on the front page?
If we could achieve step 3 we should be able to attract good players after all it should be worth a goal start with our support at the Shay.
Who knows if we got promotion into BSN it's probably where we would have beem if Altringham had won there last match.
9

,

13/05/2008 19:07:43
Comment Reported Unsuitable By User
10

Honest FC supporter,

Edinburgh 13/05/2008 20:01:39
This is reality, as an established business man football has to come into the real world. If you don't make a profit then you go bust.

To make a profit you have to earn more than you spend that is simple.

Clubs like Halifax have spent money on players and stayed full time to stay in the league, that is cheating and they have what they deserve.

Whereas clubs that were relegated from the Conference like Stafford stayed part time but still exist, ie they spent what they could afford.

Altrincham have been re instated 3 seasons on the trott now thanks to the sensible Board of Directors and a fantastic manager in Graham Heathcote who has kept a part time team together without contracts and with players who wish to play for the club.

I wish the new Halifax every success and look forward to them building up again like Telford FC.

The soccer will be just as enjoyable for the fans and you wil have a real club not one built on paper foundations.

Good luck to Altrincham they deserve their chance
Prev
1
2

 

Comment on this Story

 

In order to post comments you must Register or Sign In

 
 
 
  

 
 


Sister Newspapers:
Press Complaints Commission

This website and its associated newspaper adheres to the Press Complaints Commission’s Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.

If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.