Good article on the situation
200% have done a good summary on the Macclesfield situation. Worth a read.
Re: Good article on the situation
Good article.If correct this answers point in my earlier post.In theory could still be saved by a buy out although unlikely.
Depressing. Really feel for their fans who have been shafted by their owner here. There were times in the last few months when I worried this could be us with the relegation hanging over us. Can't imagine what it would be like to lose the club you've supported all your life.
Well said I totally agree with you 100%. I Dont wish it on any club regardless who they are. I hope Macclesfield can find a way to rebuild in the future and work their way up the leagues. I see Southend have been giving more time to pay their debts, but I cant see that going on for much longer.
Does not stop them signing players though.
They obviously will pay the wages but not the tax over to HMRC.They are another club who have not made monthly payments for ages.
What a joke.
They should have a transfer ban and be made to play the kiddies.
Er, they have been under a transfer ban since the start of the year and are pretty much playing a u23 side, hence Saturdays result.
It seems the ban rules allow them to still sign players up to a squad size of 23 tho, which seems nuts
Point 1 .Should should have known this but agree re point 2.
Now also signed Alan McCormack.He won't be on the minimum wage either.
On google talk of their fans now trying to save club by crowdfunding to cover debts..
As far as I am aware too late as in provisional Liquidation not Receivership.
If in Receivership they in theory could try to buy club and clear debts .
The sad thing is, this pandemic is likely to accelerate the demise of at least a few clubs. (Although it should be noted, Macclesfield isn't Covid-related.)
Can’t believe we killed Macclesfield.
If they pay all debts in full within 5 working days and appeal the order the judge can rescind (.Gov website)
Not that they will.
They then only have to convince the National League they have a viable business for this season.
Edited by BALDOCKBORO at 20:49:24 on 16th September 2020
We all said this would happen.
Played their last game last night at my other club Witton Albion, so at least we got some money of them. My Stevenage car sticker was on display for good measure :)
12 adjournments and been going on since January 2019. Thats a joke to let it go on for that long then think its OK to show a screenshot of a bank account.
Then ask for a further adjournment of 8 weeks bloke is an absolute fucking numpty
Yeah, but it's our fault.
Wallace out as he told Sky he'd sue the world if we got relegated
First of a dozen or so this season.
They owe not a dissimilar amount, I believe.
Not surprised, at least their fans can move on from this owner and build the club up again.
Didn’t see that coming
Feel for their fans a bit, but can you imagine if they stayed up then this happened two weeks into the season?
The financial side of football is a total mess. But also, you've got to spend within your means.
Imagine the farce if they had stayed up and we had been demoted only for them to be wound up.
The EFL appealing was, dare I say it, a correct and forward-looking decision.
Had they stayed up though they might have had the financial means to drag out yet more adjournments.
Yes but do feel sorry for their fans.
But the last farce was the proposed new owner saying he thought they only owed creditors £4000.
Ironically they had just started to sign players.
Doe this means one of the NL relegated clubs is reprieved ?