Shaymen's winding up is dismissed
Published Date:
25 June 2008
A HIGH Court action to wind up Halifax Town has been dismissed, administrators revealed last night.
A petition by the Inland Revenue against the club has been rejected, said administrators Begbies Traynor.
The company, looking after Town since the Shaymen went into administration in March with debts of £2million, did not make it clear what would happen next.
But it did say said it was aware a newly formed Halifax club was in talks with the Unibond League to play next season.
It suggested the company would remain in administration.
The statement said: "Although it is not possible for a Creditors' Voluntary Agreement to be approved and the Football Conference has expelled the club from its competitions, the administrators are continuing to act in order to try and maximise the realisations from the company's assets."
Players have now either been released or put on the transfer list.
Yesterday documents and a £5,000 deposit were sent to the Unibond League, paving the way for a Halifax team to compete in Unibond's Division 1 North.
League secretary Phil Bradley said: "At first glance, I do not see any problems."
The full article contains 193 words and appears in Evening Courier newspaper.
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Last Updated:
25 June 2008 9:55 AM
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Source:
Evening Courier
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Location:
Halifax