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Friday, 12th March 2010

Farsley Celtic appeal for investors

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Published Date: 03 July 2009
Directors at Farsley Celtic have issued an appeal for investment to secure the club's future.
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Leeds accountancy firm Mazars was appointed as administrator on Tuesday, June 30, after a petition was brought against the club by HM Revenue and Customs over an unpaid tax bill.

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The club - which owns more than six acres of land, a sports hall and training facilities - fell into financial difficulties after rising to the Football Conference for the first time in its history, following three promotions in four seasons.

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Philip Morris, official spokesperson for Farsley Celtic, said: "We are appealing for help from members of the business community to allow us to secure the future of Farsley Celtic.


"We have a long history and have recently enjoyed fantastic success on the field - for the sake of our players and our keen supporters, we are all hopeful we will get the support we very much need."

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Robert Adamson, joint administrator at Mazars, said: "We were advised earlier this week that the Football Conference was going to meet this coming Monday to decide the club's fate - but unfortunately they decided to hold the session last night.

"We are now seeking legal advice on the matter, and following consultation with Farsley Celtic's board and other stakeholders we will decide on the next course of action.

"Farsley Celtic has a lot to offer investors - including its significant land ownership, the facilities at its Throstle Nest ground as of course its keen supporter base.

"The club is weeks away from starting the season and has 14 days to lodge an appeal to the league's decision - we are urging parties interested in investing in, or purchasing the club, to contact us."

* Enquiries relating to the club should be directed to Robert Adamson at Mazars on (0113) 2049797.






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  • Last Updated: 03 July 2009 11:26 PM
  • Source: n/a
  • Location: Leeds
 
 
 


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