The National League issue a statement on Macclesfield Town who were sadly wound up earlier this month over debts which amounted to more than £500,000.
Judge Sebastian Prentis made a winding up order at a virtual hearing in the specialist Insolvency and Companies Court on Wednesday.
He was told that the Silkmen owe nearly £190,000 in tax and more than £170,000 to two other creditors.
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Lawyers representing HM Revenue and Customs had applied for a winding up order.
The judge said he could see nothing which gave him “any comfort” that the club can pay the debts.
He was overseeing the latest in a series of hearings.
Macclesfield were recently relegated from the fourth tier of league football into non league football.
They were relegated after being docked points for breaches of regulations relating to non-payment of wages which dropped them to the bottom of the League Two table.
NATIONAL LEAGUE STATEMENT:
Further to the company owning Macclesfield Town Football Club (“The Club”) being the subject of a court winding-up order, the Board of The National League has passed a Resolution pursuant to its Articles of Association that a Notice of Expulsion be served on the Club taking effect on Monday 12th October 2020.
The National League has served that Notice of Expulsion on the Official Receiver responsible for dealing with the Club’s affairs.
As the Club’s expulsion will be effective on Monday 12th October, in the meantime, the Club is suspended from The National League competition and its three fixtures during that period are postponed. The matches affected are 3rd October (home v Bromley), 6th October (away v Boreham Wood) and 10th October (away v Aldershot).
—- Statement Ends —-
So what next for the Silkmen?
The club has lost control of their future which is now in the hands of the creditors and the court.
Administration is possible but somebody would have to agree to fund the process, as it would mean taking full control of the club. It’s highly unlikely that current owner Amar Alkadhi would agree to that, or even if he could cough up the money to save them, HMRC are not interest in running insolvent companies.
Supporters will be hoping that either an insolvency firm will take the job on, in the hope of making a profit on a successful sale, or someone appropriate can buy the club in the next few days.
Anything less and it would be impossible for the National League to let Macclesfield start the new season next month. They are scheduled to play Bromley at Moss Rose on the 3rd of October under new manager Tim Flowers.
The Silkmen Supporters Trust wrote: The SST are devastated by the decision of the court to wind up Macclesfield Town Football Club.
The responsibility for this lies at the feet of one person – Amar Alkadhi.
We are currently looking into what actions we can take to save the club and as such will be seeking a meeting with the receiver as soon as possible.
In the meantime the SST will attempt to put together a rescue bid.
We ask all our fans to unite and get behind the SST. We therefore ask any fan with specialist knowledge to contact the SST, as soon as possible.
Meanwhile, an application to wind up Southend United has been adjourned by Judge Prentis, in the hope that bosses can clear tax debts.
A lawyer representing tax officials said debts had been reduced and asked the judge to adjourn the application to give bosses at the League Two club time to pay.
The case is expected to be reconsidered in a few weeks.
Southend had featured at a hearing in March, when another judge agreed to an adjournment.
Fans reacted after seeing that the National League issue a statement on Macclesfield Town…
Its a pity but no shock. Never heard of a club staying in a league after been wound up. Its puzzling how bury aint been wound up yet
— christopher holmes (@mrcrh11) September 29, 2020
No reprieve for Ebbsfleet then?
— Paul Heaton (@paul_heaton1989) September 29, 2020
Ebbsfleet Reprieve ?
— HDM Central (@gwl3DGxkVgZfKsW) September 29, 2020
Not surprising, especially coming from a fan of a soulless football club bankrolled by a Russian sugar daddy!
— Billy P. Rwothungeyo (@Billy7Rwoth) September 29, 2020
Sad sad news. I hope they are able to come back bigger and stronger. They won’t be the last club to go. Something has to be done
— Spennie 19 Times ? (@unrealxherdan) September 29, 2020
@EFL has to take their share of the blame here. They let people come in and destroy clubs and whole communities without proper checks, then put the blame elsewhere. It’s simple, if somebody wants to take ownership of a club then their business plan has to be approved.
— Tier6 (@Tier6) September 29, 2020
Don’t cry.
Go out and support your local team.
I’m off to give @FIFC my money tonight, and probably for the foreseeable, don’t let the lower league teams disappear.
Oh and then there’s the added bonus you can watch non league at the moment.
Everyone is a winner
— #GSBOUT #GSBOUT (@TheIronHammer26) September 29, 2020
Absolutely gutting for them and their fans.
— Donna (@donivor90) September 29, 2020
Fucking awful, EFL have a lot to explain for
— FPL Forest (@NffcFpl) September 29, 2020
The EFL, FA and Premier League, together, MUST do more to stop this from happened
Too many clubs in recent years have suffered this fate!
Heartbroken for Macclesfield and their fans – the idea of not being able to ever see the club you love again is gut wrenching https://t.co/006bMax2hU
— Jamie Walker (@Walker_this_way) September 29, 2020
So sorry for their fans.Almost been there with Darlo so know the feeling.
— Colin Hudson (@Colzoss) September 29, 2020
Am so gutted to read this !!! Why the hell has nobody helped this team out !!! FA hang you’re heads in shame
— Chew (@Chewy69379130) September 29, 2020
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